I agree that this is very confusing. I am trying to give you some basic explanations here to make things clearer.
Firstly, the DPI (dot-inch) thing comes from printing on physical papers. So the font. A device item was invented to describe the size of the physical print of text, just because the inch is too large for normal text sizes. Then people came up with a dot, that is, a length of 1/72 inch (actually developed in history) to easily describe the size of the text. So yes, if you are writing a document in Word or other word processing software for printing, you will get one inch text if you use 72pt font.
Secondly, the theoretical height of the text is usually different from the rendered strokes that you can see with your own eyes. The original idea of the height of the text came from the actual glyphs used for printing. All letters are engraved on glyph blocks that have the same height, which corresponds to the height of the font point. However, depending on the different letters and font design, the actual visible part of the text may be slightly shorter than the theoretical height. Helvetica Neue is actually very standard. If you measure the upper part of the letter k at the bottom of the letter p, it will correspond to the font height.
Thirdly, the computer display fastens the DPI, as well as determining the point at the same time. The resolution of computer displays is described by their own pixels, such as 1024 x 768 or 1920 x 1080. The software does not actually care about the physical dimensions of your monitors, because everything will be very blurry if they scale the contents of the screen, for example, on paper - only physical resolution not high enough to make everything smooth and legal. The software uses a very simple and dead way: fixed DPI for any monitor you use. For Windows, it's 96DPI; for Mac, it's 72DPI. However, no matter how many pixels an inch is on your monitor, the software simply ignores it. When the operating system displays text at 72pt, it will always be 96 pixels higher on Windows and 72px higher on Mac. (Why do Microsoft Word documents always look smaller on a Mac, and you usually need to zoom up to 125%.)
Finally, on iOS, it is very similar, whether it is an iPhone, iPod touch, iPad or Apple Watch, iOS uses a fixed 72DPI for a retina-free screen, 144DPI for a @ 2x retina and 216DPI for a @ 3x retina on an iPhone 6 Plus.
Forget about the real inch. It exists only for actual printing, and not for display. For software that displays text on the screen, this is simply an artificial relation to physical pixels.