In good light, one is much better off even with a phone from Google Pixel 4 + and iPhone 11 + shooting in RAW and developing in DxO. There’s a convenient hack to be able to edit DNG files from the iPhone 11 Pro with DxO PhotoLab 5 and the results are consistently better than with either jpeg or other RAW development software. This hack (changing the camera model) may work for Google Pixel files as well (and may not, it does not work for the iPhone 13 Pro and works less well for the iPhone 12 Pro, the last officially supported iPhone is the iPhone X).
On the other hand, when shooting in mixed light or low light, these new phones have HDR and multiple take merge modes which make the jpegs better than a single frame DNG/RAW file.
It’s high time that DxO unlocked PhotoLab for mobile phone DNG/RAW files.