The text looks qualitatively very little like the true text. Almost all details of the text (including shape of strokes!) are hallucinated by the iPhone.
I could import the X-T5 photo into lightroom or whatever and crank NR all the way up, and I don't think it would look anything like the iPhone image. Also, the less-processed image on the iPhone (which you see for a split second) looked fine, so there wasn't enough noise to justify this level of "correction".
My guess is the iPhone got confused by the texture of the anodized aluminum.
