unless they intentionally made it perform worse on older phones
What I'm suggesting is that this is exactly why performance got worse after the beta. It's a pattern seen from Apple for a long time.
There is nothing intrinsic about a smaller manufacturing process that transfers into software, unless they've secretly added new instructions to the set. What it does mean is that the new chips should be more power efficient, which means in turn that the same software on new hardware should already translate into battery life gains. What we see instead is software "tuned" for the new version to minimize gains on one side and suggest to existing customers that they need an upgrade.