That is actually a great question. Although I do question the "usability" side of things on 4G, but 4x4 MIMO do make difference on 5G NA ( non- mmWave) .
It isn't really technical, more of a cost and market segmentation issues. If Apple price iPhone 12 starting at $749 with 128GB, then 4x4 MIMO would fit the bill. That is assuming iPhone 12 Pro comes with mmWave antenna as standard.
Otherwise I find it hard for Apple to get A14, OLED, Qualcomm Modem, and still price it at $699.
And It wont be X60. Said that a million times and Qualcomm even pointed out in their investor note they expect first X60 phone to be out in 1H 2021.