Report: Apple iPhone Coming to Verizon Wireless in 2010
Submitted by Thomas Estilow on
The furor over a Verizon Wireless compatible iPhone refuses to calm down. None other than the Wall Street Journal (WSJ) reported today that a CDMA-capable iPhone is indeed under development by Apple and will see release in the US this year. The Verizon iPhone will be one of two new models introduced during Apple's annual iPhone product line refresh this summer.

Apple (AAPL) and Verizon (VZ) jumped one percent after the news release, while AT&T shares (T) lost almost the same amount. AT&T is currently the exclusive carrier for Apple's iPhone in the US. Speculation and rumors have swirled around a Verizon version of the iPhone for months, if not years now.