1. It was priced slightly above expectation, $699.
2. People who want a smaller phone do not have the buying pattern of buying a new Phone whenever it is out.
3. Next year it will be $599.
4. 5% of Apple volume is still a very good business.
5. Battery life was causing some bad press. People do want smaller phones, just not at the expense of battery life. It is contradicting. But that is consumer behaviours.
6. Worst case Apple just discontinue the iPhone 12 Mini, And introduce a New iPhone SE in 2022 March which is basically the iPhone 12 Mini with single camera.
2. People who want a smaller phone do not have the buying pattern of buying a new Phone whenever it is out.
3. Next year it will be $599.
4. 5% of Apple volume is still a very good business.
5. Battery life was causing some bad press. People do want smaller phones, just not at the expense of battery life. It is contradicting. But that is consumer behaviours.
6. Worst case Apple just discontinue the iPhone 12 Mini, And introduce a New iPhone SE in 2022 March which is basically the iPhone 12 Mini with single camera.