Hi GreenEyedDi01!
Unfortunately, I, too, had to go through three iPhone 12 Pro Max (512 GB) devices. However, after the third device, I successfully purchased a device without the “Apple Logo Flash” issue; this was thanks to the advice from a user on one of the original posts of this thread. I will credit them in a separate post, and outline the steps I took.
I wanted to add to the experiences you shared. When I would hold the power button down, the logo would flash and the background remained black; if I did not release the power button the instant the flash appeared (logo flashed), holding the button any longer would not boot the iOS. In addition, to further clarify, if I held the power button down and the logo flashed and I released the button two seconds after the flash, iOS would not boot up. I hope that helps add to the clarification.
As noted earlier, I went through three devices for my phone. Our family purchased six devices in total. Once I was able to figure out how to isolate the purchase using the advice from one of the original posts, I replaced two more devices that were plagued with the “Apple Logo Flash” issue. At this time, all six devices do not have an issue.
Maryanne