The Mac mini was originally intended in part to be for lower-income people to be able to afford a Mac (hence Steve Jobs giving it a starting price of $499 and his "BYODKM" ("Bring Your Own Display, Keyboard, and Mouse") tag line), so they could use their old/obsolete Windows PC's peripherals with the Mac mini. So considering how much Tim Cook behaves like he hates poor people, it wouldn't be surprising if he cancels the Mac mini.
I don't know that Cook hates "poor people" - just that he thinks he can make more money out of "rich people". Sounds better to me than making money out of poor people...
The original point of the G4 Mac Mini was certainly to win people over to Mac (yes, "BYODKM" was a big thing) but even then it was still expensive c.f. a basic PC. You don't have to be "poor" to look at a $600 BYODKM Mac Mini vs. a $600 complete PC system and
still wonder if you really need the Mac (hint: Macs are nice but PCs have changed beyond recognition since the clunkers of the 1980s, and somehow 90% of the computing world seems to scrape by with them...)
The evidence against "Tim Cook hates the Mini" came in 2020 when the first 3 Macs to get the new M1 chip were the MacBook Air (probably #1 big seller) the low-end MacBook Pro (probably #2 big seller) and the
Mac Mini (what? - and with $100 knocked off the price, too)
. Then we got the Mac Studio - obviously a Mini-inspired design - and after
that what was effectively the "Mac Mini Pro" with M2 Pro chips. Current evidence is that Apple rather likes the Mini - although it's always going to be behind the MBA and MBP in the queue for upgrades (and it's not like the M3 Air was "on time").
My guess was that Apple saw a lot of demand for the Mini-like Developer Transition Kit for other than its intended purpose (giving developers a month or two head start on testing their apps on ARM) and revised their opinion of the Mini.