I have a 128GB iPhone 7 Plus which I have owned since October 2016. It still works good and it's in perfect condition, but it is starting to run just a bit slow. I am tempted to participate in Apple's trade in program and getting the XR for $449, or $499 if I get the 128GB version. The only thing that is holding me back is that I am wondering if Apple will drop the price of the iPhone anytime soon. Based on this offer, I am led to believe that Apple will reduce the price based on slowing sales. I know that they did reduce the price of the original iPhone by $200 in 2007 a few months after it was released. Anyone think Apple will do that again soon?