Verizon Communications Inc. (NYSE:VZ) is preparing to launch the iPhone on their network in early 2011 according to The Wall Street Journal. One of the reasons I believe it is because The Wall Street Journal has a close-knit relationship with Apple CEO Steve Jobs. Jobs has appeared at the AllThingsD (A Wall Street Journal spin-off blog) conference numerous times. This would finally put an end to the exclusive deal that Apple has with AT&T.
Apple is expected to sell a total of over 40 million iPhones this year. Apple is expected to start mass producing the new iPhone by the end of the year. Verizon and Apple have been meeting regularly to test the heavy data load that the iPhone would put on Verizon’s networks according to a Wall Street Journal source.
Google’s Android operating system has been spreading at a rapid pace. There are currently 10.9 million people using smartphones powered by the Google Android operating system as of August in this past year. A year earlier than that, about 866,000 people were using smartphones powered by Android. Apple is supposedly working on a CDMA version of their device through a contract with Pegatron Technology Corp.
[Wall Street Journal]