Finally it seems that it is confirmed that the battery capacity of the iPhone 12 Pro Max is 300 mAh lower than the iPhone 11 Pro Max
iPhone 12 Pro Max confirmed to pack 3,687 mAh battery - news
iPhone 12 Pro Max Has Smaller 3,687 mAh Battery According to Regulatory Filing - MacRumors
iPhone 12 Pro Max 3,687mAh battery confirmed by TENAA
iPhone 12 may cost US$50 or more than iPhone 11 and this is without EarPods, wall charger and now, significantly reduced battery capacity - News
BeeFix 2023 New Upgraded for iPhone 11Pro Max Replacement: High Capacity New 0 Cycle iPhone 11Pro Max Battery Replacement fit for A2218 A2161 A2220, with Complete Repair Tool Kit and Instructions
iPhone 12 Pro Max teardown reveals battery size, and it's smaller than 11 Pro Max
Possible 'iPhone 12' Battery Certifications Suggest Lower Capacities Than iPhone 11 Series - MacRumors
iPhone 12 vs iPhone 12 Pro / 11 Pro Max / 11 Pro / 11 / XR / SE Battery Life DRAIN Test.
Apple iPhone 12 and 12 mini battery size leak clears the capacity decrease mystery - PhoneArena
iPhone 14 Pro Long-term Review: Solid Performance, Great Cameras, Battery Life Make it Best Pro Yet - Counterpoint
iPhone 15 Pro rumors: Release date, features, colors, specs, price, and more
Confirmed: iPhone 12 Pro Max Has A 3,687 mAh Battery – Smaller Than iPhone 11 Pro Max
Apple MagSafe battery pack for iPhone 12 announced, costs $99