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There have been rumors that the Apple Inc. (Nasdaq: AAPL) iPhone 7 will not have a headphone jack. According to YouTube channel Unbox Therapy, those rumors are true. In a video released on Aug. 3, Unbox Therapy stated it had a mockup of the iPhone 7, and it didn't have a headphone jack. Some critics believe the removal of the headphone jack is to help the company sell wireless headphones.