Hi Everyone,
New to digital phogoraphy/video and trying to understand why at least to my eye, the dynamic range on my iphone's photos and video time lapses look so much better then the stuff coming out of my Cannon M50.
Wondering if there's something I'm doing wrong. Here's an example of what I'm seeing:
This is a photo I shot on my cannon M50 using a 22mm F2 Cannon lens. Whether it's shooting in auto or manual, it seems like I have to pick between exposing for the clouds or for the land.

Shot with Cannon M50
This is the same view, same moment ,shot with my iphone XS.

Shot on iphone XS - same time of day
TIA!
What you're noticing is that the Apple camera on your phone (which is the top model, by the way) is "exposing better". Although the truth is that Apple's software is merging data and then lowering highlights, altering color hues (based on an algorithm that enhances blue skies) and raises shadow detail captures via Dynamic Range. The end result is an image you might have processed yourself using a combination of Lightroom and Photoshop. In fact I took your M50 image and altered the levels, colors, hues and tonal range and was able to match your iPhone XS image quite accurately in less than 2 minutes - with just one difference: the M50 image was softer in the mid distance where noise reduction and clarity in the trees and foliage were less defined.
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APPLE iPhone Cameras...
That iPhone XS is the current pinnacle of Phone Camera technology but it's also terribly flawed. I don't say this as someone who despises Apple because I've been an avid Apple user since the 90s and the late Steve Jobs occasionally used to use my work to highlight his new tech when opening a Keynote address to the public. I've been using the Apple handheld devices since they first came onto market (technically even earlier than this). The lifespan of that expensive little toy is estimated to be just 2 years. I don't think I'd consider that to be a good investment. If you want a telephoto zoom or reliable performance for professional work you'll be in for a disappointment. But for brightly lit daylight shots you'll get some nice "wide" images with it. When you attempt to shoot in very low light you'd be better off with an OPPO or a PIXEL phone. And if you want to create shots with synthetic bokeh, you might be in for a shock (see below). In your samples you noted that the HDR on your new iPhone was pulling more hidden details from the shadow... and the reason for this is that your camera more aggressively processing the multiple images it took in order to reveal the details. It also has something to do with you not exposing properly with enough images taken for your M50 HDR shot. The iPhone has also been carefully programmed to produce the best HDR of any modern smart-phone camera. It still suffers in lowlight and it also suffers lens flare more than any 'real' camera when light enters from the side of the lens. For that price you might have considered a Full Frame camera like the EOS R or a DSLR with a FF sensor and a nice cheap lowlight lens. You can properly expose for a nearly identical shot with your EOS M camera if you are willing to take the time to figure out how. But your iPhone will make this a no-brainer exercise in automatic photography so why not use it for those tricky shots?
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A good example is the two shots directly below. What I discovered was that the iPhone handled backlit scenes better than dedicated cameras - unless you take the time to prepare a HDR shot with your camera before taking the shot.
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iPhone 6S - not taken with HDR

EOS M + EF-M 22mm f/2 lens
iPhone6S
EOS M + EF-M 22mm f/2 lens
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The tiny little lens on my iPhone6S - considered to be one of the first decent camera phones on the Apple system at the time.
Given suitable lighting, decent pictures are possible with modern smartphone cameras.
EOS 6D + EF 85mm f/1.2L lens (different location and time)
EOS M + EF-M 28mm Macro lens (note the ring-light reflection)

Bad Bokeh - allegedly from the iPhone XS

Bad Bokeh from the iPhone - the iPhone rendered out the glass itself !!!
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I often enjoyed taking pictures with my iPhone to compare with what the results might be from a DLSR or mirrorless camera. Each year a new phone model tends to be released with a few tweaks and a more advanced set of processing algorithms. The most impressive images I've seen for lowlight (night) shots in the streets came from the PIXEL. The best results for indoors in extremely low light came from the OPPO and the best results I've seen in daylight and HDR have come from the newest iPhone XS.
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Next year you'll see another model that will (allegedly) take a better picture than the existing phones. The trick is to only update your phone based on the features you need rather than to buy into the sales pitch. But even now, a quality Subcompact Digital Camera with a 1" sensor or larger can usually take a better picture than the average phone camera. Make it a 1.5" inch sensor for a compact Digital camera and things get interesting. But APS-C is vastly superior if you want to add PP Noise-Reduction into the equation.
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iPhone 6S (handheld at night) - NOTE: The complete loss of detail.
EOS M + EF-M 22mm f/2 lens (handheld at night) - NOTE: the detail captured.

iPhone 6S

EOS M + EF-M 22mm f/2 lens - not my best food shot... but the same subject
EOS 6D - in-camera HDR used
EOS M6 + 11-22mm lens - in-camera HDR used
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The shots above show the HDR capabilities from the EOS 6D and EOS M6 using simple in-camera settings. The two shots below shot the general results that distinguish between the iPhone that I've currently got Vs the image quality from the EOS M with a quality lens. The difference used to be one of weight and size... but now the difference is more about price. it woudn't be hard to show you images that the Apple isn't capable of... but for wide shots taken of day-to-day subjects, the Apple takes a nice picture and the newer models handle low light so much better than earlier models. Having a nice, modern phone is an advantage and it's just another handy tool to have on hand should you need it. More people will leave their cameras at home as these smart phones get even smarter. And smart phones are really the only threat to camera sales these days. An advantage is that as people become interested in photography (triggered from using their new phones), they sometimes look at more dedicated devices to enjoy. That's why cameras like ours will always have a following, no matter how smart the camera phones get. But they are indeed limited by the tiny optics they use.
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iPhone 6S
EOS M + EF 24mm f/1.4L lens
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Regards,
Marco Nero.