And sells poorly, you can have hard time finding accessories for it because it sells poorly. Unfortunately, according to the leaks so far, it appears that there won't be iPhone 14 mini.
Relative to other iPhones, yes. I read that it accounts for 3% of iphone 13 (Pro, Pro Max, mini, standard) sales. The 13 line itself accounts for about 75% of sales. If Apple sold 40M phones per quarter, that 120M of the 13 line, so 3.6M of the 13 Mini. At 699, that's a 2.5BN business. Not too shabby.
Relative to other iPhones, yes. I read that it accounts for 3% of iphone 13 (Pro, Pro Max, mini, standard) sales. The 13 line itself accounts for about 75% of sales. If Apple sold 40M phones per quarter, that 120M of the 13 line, so 3.6M of the 13 Mini. At 699, that's a 2.5BN business. Not too shabby.