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Although each individual laptop's actual lifespan varies, on average a laptop will typically give you between three and five years of use. When talking about laptop lifespans, you actually have two different types -- the operational lifespan and the useful lifespan.
However, the latest generation of CPUs are more efficient than last year's, so battery life is less of a concern. Also, most laptops allow the user to set the performance level so that it can be throttled back when battery life is of concern and speed is not.