Web browser engine, and OpenSSL (or equivalent) patches alone are the main concern in userspace. Those codebases are a constantly moving target. Look at the stream of CVEs and security patches that Apple publishes. Almost every bug affects every product because of how much code is shared up and down the stack.
Schiendelman|8 months ago
smaccona|8 months ago
The iPad 3rd generation was released in 2012, so the 2016 9.3.5 iOS release gave 4 years of security/bugfix support for the WiFi-only version of that device.