Yup. Apple is relying on their actual sales figures for the minis to tell them the display sizes that more people want.
Apple's sales figures show that the iPhone mini comprised only a relatively small percent of iPhone sales. The first mini, the 12, initially accounted for about 6% of iPhone sales, which at first seemed promising, but a year later it accounted for 5% of sales, and by the third quarter of 2022, the iPhone 13 mini accounted for only about 3% of sales.
But it has yet to be seen whether an iPhone Air, with some significantly reduced specs, will interest a significantly larger number of buyers than did the minis. But Android isn’t an option for smaller phones, since there are no longer any new Android models (that I know of) that have displays as small as the iPhone mini--currently the minimum display size in Android phones is about six inches, similar to the current standard and Pro (non-Max) iPhones.
What confuses me is that the iPhone SE 2nd and 3rd generation models have a display that’s 4.7 inches diagonal, which is significantly smaller than the minis with their 5.4 inch displays, so why do many people want the return of the mini, when it seems they should be asking for the SE 4 to retain the screen size of the previous SE models, instead of going to 6.1 inches as has been rumored?