Inter-sample peaks? Do they exist, or are you worrying about a myth?

Inter-sample peaks? Do they exist, or are you worrying about a myth?
Your audio peaks at 0 dBFS, or full scale, yet there might be even higher peak levels lurking between your samples. Clipping and distortion is the sure and certain result, yes?
Source: www.record-producer.com

George Martin *was* the Beatles
The Beatles, well John Lennon and Paul McCartney, are often thought to be the greatest popular musicians of all time. But were their songs actually written by 'producer' George Martin? Were The Beatles little more than frontmen like the Monkees?
Source: www.record-producer.com

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Source: www.topix.net