What the hell is a "cell phone replacement"? We repeatedly reengineered phones from voice carried over a telegraph wire, to a screen covered with sensors that fits in your pocket.
Aside from a brain implant, what possible innovation is left other than tweaking with hardware and upgrading silicon?
There already are matrix (matrix math, not The Matrix) accelerators in flagship phones, let alone all the services a phone can call off to. This product was never going to replace a damn thing.