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Mobile giant Apple to stop production of mini iPhones in 2022, focus on bigger iPhones

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A noted Apple analyst has revealed new information on the iPhone lineup that will mark its debut next year. Supposedly to be called iPhone 14, the series is now speculated to miss out on its smallest and most affordable offering – the iPhone 14 Mini.

The new detail comes from renowned analyst Ming-Chi Kuo. As per Kuo, Apple will launch the iPhone 13 Mini variant with the 5.4-inch display size this year. That, however, will be the last of its kind, as the tech major will discontinue the variant in the subsequent iPhone launches.

The decision to end iPhone Mini’s journey is the poor sales that the iPhone 12 mini has seen in Apple’s international markets. The speculation will fit even more so if the iPhone 13 Mini does not perform well either.

Instead of offering the iPhone Mini option to its buyers, the company will instead focus on bringing varying specifications on its regular and big iPhones. There will be a total of four models under the iPhone 14 series. Presumably, these will include two models of the iPhone 14 and two premium variants – iPhone 14 Pro and iPhone 14 Pro Max.

Long due

The move was long seen coming and has been hinted at by several analysts over time. As per a Counterpoint market research, the iPhone 12 Mini saw just five per cent of the overall sales of iPhones in the US.

The primary reason for this was the buyers’ attraction towards devices with larger displays. As smartphone users indulge in more and more media and gaming content every day, a larger display easily has an appeal that is unmatched by smaller phones.

JP Morgan analyst William Yang also saw this trend and predicted in February that Apple might discontinue the iPhone Mini model for the simple reason of low sales going forward.

The company will then be able to renew its focus on the larger models that hold more appeal in the market. iPhone 12, for instance, set a new iPhone sales record for Apple since its launch and subsequent availability last year.

 

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Amazon will no longer offer its prime membership in India: Read more

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Amazon will no longer offer monthly Prime membership in India. Moving forward, the e-commerce giant will only be offering three-month or annual Prime memberships. The Amazon Prime subscription amount begun at Rs. 129 per month, but this starting pack has been removed to adhere with new Reserve Bank of India mandate. RBI’s new guideline asks banks and financial institutions to implement an additional factor of authentication (AFA) for processing recurring online transactions. The deadline for implementation of this new mandate has been set for September 30.

 

Amazon has updated its support page to reflect the removal of monthly membership of Amazon Prime subscription. Additionally, since April 27, Amazon has also temporarily discontinued new member sign-ups for Amazon Prime free trial as well. At the moment, if a user is looking to buy Amazon Prime membership or renew it, they can only purchase three month or annual subscription. Three months subscription for Amazon Prime is priced at Rs. 329 and the yearly membership is priced at Rs. 999 per year.

 

The new RBI framework was originally announced in August 2019 and an extended deadline for banks and financial institutions has been set for September 30 this year. This deadline was extended to “prevent any inconvenience to the customers.” Gadgets 360 learnt that merchants through various industry bodies urged RBI and the government to hold the proposed system as it was believed to disrupt auto-payments of mobile, utility, and other bills and subscription charges of over-the-top (OTT) platforms.

Initially, RBI issued the framework to deploy AFA for recurring transactions worth up to Rs. 2,000 in 2019. It, however, extended that rule in December last year to transactions of up to a limit of Rs. 5,000 per transaction. Transactions above that cut-off will require an additional one-time password (OTP). RBI also warned that any further delay in ensuring complete adherence to the framework beyond the extended timeline would attract stringent supervisory action.

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