I don't give a flying f**k about camera quality for the last 5 years at least. They've reached what I need, everything else is a waste for me.Waste of manufacturing resources that could go to the most popular sizes. Problem with the mini is the screen is too small, battery life is bad, doesn't get all the latest cameras or largest storage capacities.
It's an iPhone with way too many compromises and this is why it's not a great seller. A minority might love it but the majority has spoken, people want larger phones.
Sometimes I find the screen size is too big to conviniently use with one hand.
Apple wants to be a services company. For that, they need to sell devices, increase the user base. That means they should cater to most needs, even if the margins on those lines are lower. Chasing margins is a fallacy anyway, as an investor I'm more interested in free cash flow per share, not how much they make per product.
They should also protect the ecosystem. If I choose another brand because they don't make the iphone I want, suddenly the incentive to also have a Mac and an iPad, Beats headphones, Apple Mucis, iCloud, etc dramatically drops. It's not the quality of the individual products, but their interoperability is the greatest selling point. I find every Apple product has very annoying shortfalls that's made up for by this interoperability. Take out one piece, the whole building goes down. What they save on manufacturing resources might be very well lost on other product lines.
The mini was doomed by covid. For two years I barely touched my phone. By the time I bought a mini, the line was already cancelled.