I understand that Apple did not make enough money to make it worth their while to continue the iphone mini line. However, it does seem like there is a profitable business for someone there given how beloved it was/is.
I only traded out my iphone 12 mini just recently for an iphone 16 pro (likely the last apple product I will ever buy but thats another story) and aside from the camera it is basically the same. Just heavier, awkward to hold and slightly worse designed.
No major player wants a smaller screen because it has downstream impacts on the pipeline of addictive material and ad pixels they can stuff into ocular nerves.
Watching lots of Louis Rossmann has put me almost ideologically against Apple (even though they design great hardware and smooth UX within their ecosystem), but I'm not good at forming coherent points to present to Apple loving friends.
For me so far, I think it's about control over what I buy - but the rebuttal is always "you're buying a product from them, if you don't like it then tough".