This paper discusses on the evolution of smartphones in recent years and its effects on antenna performance. Up-to-date design framework is introduced, and comparison of recent metal-rim antennas is presented. Especially, the paper analyzes further the MIMO performance of a recently published realistic metal-covered handset design with LTE, GPS, and Wi-Fi antennas. The designed antennas cover frequency bands 704-960 MHz, 1.56-1.61 GHz, 1.71-2.69 GHz, 2.4-2.484 GHz, and 5.15-5.875 GHz. New results on multiplexing efficiency and ergodic capacity are presented. In very challenging design environment, the design shows good performance despite the modest matching levels and efficiencies.