New York – Apple (NASD:  AAPL) has been meeting with Verizon (NYSE:  VZ) staffers to
prepare for the launch of a new iPhone on the mobile network in the first
quarter of 2011, The Wall Street Journal reported. Citing sources, the report
states that Apple is set to begin mass producing a separate iPhone for Verizon
— which operates a CDMA rather than GSM network — by the end of this year.

device is said to include a new chip made by Qualcomm, and will be made by
Pegatron, a unit of Taiwan’s Asustek.

Verizon has been "adding capacity
and testing its networks to prepare for the heavy data load by iPhone
users," in a bid to "avoid the kind of public-relations hit that
AT&T took when the boom in data-hungry iPhones overtaxed its network,"
a source told The Journal.

The report also cited sources who said that Apple is
already developing a fifth-generation iPhone model, which will "be a
different form factor than those that are currently available."



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