The phone booted up and I backed up the data. (sister very happy with her little brother, lol)
Now for my question, the phone appears to be working perfectly without the cap, so do I really need to replace it or will the phone keep running happily without this component, and if that's the case then why was the cap even there in the first place?
Hoping for some easy answers I'm still a beginner in most areas of electronics!
-Wayne
First off, congratulations on the repair, that's a great job you did and most importantly the data is off.
Now, the harder part looms. Yes, you can just replace the parts but on the back of experience I would be disinclined to invest too much money/time in to it because in many cases there's always something else that'll raise its ugly head in a few more months after these boards have been water damaged (even if you ultrasonic / IPA / kiln as per proper procedure ).
Yes there are many anecdotes of successful recoveries that live on, but there's many more that you don't hear about where it dies a few months later but the person just cans/bins it and moves on to something else. It's a gamble.
As for
why it still works, it's because they're decoupling / ripple-control caps. Under lighter loads or normal circumstances the design will cope with the loss of a couple of caps and still keep running, however the operational envelope will have been reduced. Perhaps under a more demanding app and hotter environment and weaker battery the phone will no longer operate reliably without those caps. When these boards are designed, you usually give yourself a moderate amount of headroom above the worst-case usage scenario; as such, losing a couple of caps isn't a complete failure.
Congrats again!