Smartphone users struggle with short battery life, and this affects their device satisfaction level and usage of the network. To evaluate how chipset manufacturers and mobile network operators can improve the battery life, we propose a Long Term Evolution (LTE) smartphone power model. The idea is to provide a model that makes it possible to evaluate the effect of different terminal and network settings to the overall user equipment energy consumption. It is primarily intended as an instrument for the network engineers in deciding on optimal network settings, but could also be beneficial for chipset manufacturers.