That was my original prediction.#1
The more i read about the XR more it seems to me that with the XR you get by far better phone for the money. IMO $749 i a fair price for the XR especially $799 for the 128GB version, yes, $699 would be better but it's much better than the last-year's iphone 8. The XS should cost $899; that'd be fair price and it'd sell much MUCH better. Just IMO.
$699-799 XR (but with poorer features)
$899 XS 64 GB
$999 XS Max 64 GB
Boy was I ever wrong.