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Halfway through the last quarter, supply chain rumors of iPhone production cuts–purportedly "30 percent" of some unknown number–snowballed into an abominable snow-boogeyman of conjecture that claimed the end to iPhone growth was nigh and speculated about a downhill implosion of Apple’s sales overall, an embarrassing lack of interest in Apple’s newest iPhone 6s and a rapid evaporation of the world’s most valuable company. They were wrong, here’s why.
Source: APPLE INSIDER