iPhone Alarms Not Working Come New Year's Day

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Trouble is coming this New Years and its for the iPhone. When the clock strikes 12 and the date is 1/1/2011 one of your alarms that is set is not going to ring. So how can you fix this potentially life-ruining problem? Well until Apple patches its OS -- and it's currently unclear if this is just iOS 4.2.1 or earlier versions as well -- you can simply create a recurring alarm at the time you need to be woken up, and then disable it once your dreams are completely ruined.