This is according to analyst Ming-Chi Kuo who claims that Apple is set to discontinue the series next year. Instead, Apple will offer three handsets in their iPhone lineup, the base model and the Pro models. Interestingly enough, Kuo claims that the iPhones are expected to maintain their sizes which are 6.1-inches and 6.7-inches, so if you were hoping for a display upgrade next year, you might be out of luck.
While many reviewers initially praised the iPhone 12 mini for its size and the fact that it was usable with one hand, not like the monstrosity of phones we have today, the fact of the matter is that there were better options. For example, users could pay a bit more for the iPhone 12, or they could also opt for the iPhone SE if they really wanted to save money.
This put the iPhone 12 mini in a bit of an awkward position where it did not seem to appeal to many customers. Whether or not the discontinuation rumors are true remains to be seen, but this could be the last year we see it.