Take this news with a grain of salt, but The Street is reporting that Apple is set to release a Verizon-compatible iPhone this holiday season. Ashok Kumar, analyst for Rodman Renshaw, has been watching Apple's production plans in Asia and says that the company has told its supply and manufacturing partners to prepare for a production rate of 4 million iPhones per month by September. Kumar goes on to say that Apple has told Asustek to begin production of a CDMA iPhone as early as November. While this news is interesting, I wouldn't get your hopes up for a Verizon iPhone just yet. Owners of the iPhone 3G are set for upgrade this year, and if the leaks are true, Apple is releasing a totally revamped iPhone with much higher specs all around, which is sure to attract a ton of upgrades and new customers to AT&T. I won't believe anything about a Verizon iPhone until I hear it from Steve Jobs himself, and even Kumar says that with the Verizon iPhone, "nothing is definite."
Via The Street