
In iPhone 14 Pro and Pro Max, there is an option of choosing between 12 MP or 48 MP for ProRAW Resolution under Camera Settings

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP (right)

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP resized to 12 MP (right)
48 MP resolution looks sharper and more natural

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP resized to 12 MP (right)
Better details in highlights for 48 MP resolution and better details in shadows for 12 MP resolution

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP resized to 12 MP (right)
More noise reduction in the 48 MP resolution

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP resized to 12 MP (right)
Shadows are better defined in the 12 MP resolution

100% view: ProRAW 12 MP (left) vs ProRAW 48 MP resized to 12 MP (right)
Moire problem in the 12 MP resolution