Apple is said to be extending iPhone refreshes to once every three years

Apple is looking to make evolutionary rather than revolutionary changes to its iPhone this year as it extends the major refresh cycle to once every three years, according to a report in Tuesday’s Nikkei newspaper.

The change, which the newspaper said Apple is “likely” to make, is due to there being little room left for major advances in smartphone hardware—at least until an entirely new technology comes on the scene. As chips get faster and software gets better, the benefits seen by annual upgrades are getting smaller.

Nikkei said this year’s model will look “almost identical” to the iPhone 6 and have minor changes such as improved camera quality, water resistance and a better battery. The headphone jack is also slated to be removed, it said.

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