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Apple to unveil new iPhone next week: how bad the company needs a hit

Reports indicate that Apple will release the iPhone 6, along with new wearable technology with an iWatch. But with increasing industry competition, and recent iCloud security concerns, how badly does Apple need a hit?

Reports indicate that Apple will release the iPhone 6, along with new wearable technology with an iWatch. But with increasing industry competition, and recent iCloud security concerns, how badly does Apple need a hit?