Along with offering that giant storage option, Apple might make another welcome change to its phones with it ditching the entry-level 64GB model and starting things with 128GB.
Almost all Android flagships now come with at least 128GB so it would make perfect sense for Apple to follow with a similar upgrade.
As camera technology improves and image file sizes increase, 64GB is also just way too small for most users and, until now, upgrading to 128GB cost more money. In fact, the standard iPhone 12 starts from £799 for the 64GB phone but increases to £849 if you want the next memory size up.
If Ming-Chi Kuo is correct then that upgrade will no longer be needed with all models getting 128GB as standard.