Just received and quickly found that the holster will not allow you to insert a phone with headphones attached unless you insert the phone backwards. Look closely at the image, which shows a plastic stop at the bottom center of the holster, right where the iPhone 7's headphone jack is. The case that goes around the phone has all the holes you need, but the design of the case doesn't appear to have changed from previous iPhones. Otherwise, it looks similar to the $30 Verizon version.
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