We were due: the Verizon ( VZ) iPhone rumors swirled again late Wednesday, when The Wall Street Journal reported what has been widely speculated and written about for months: Apple is developing a CDMA iPhone late this year, which inevitably means the Verizon iPhone will land sometime in early 2011. When asked about the rumors on Thursday, Verizon Wireless exec Lowell McAdam told press that it's up to Apple "to make that kind of announcement," according to blog Electronista. What McAdam did want to talk about was Verizon's 4G network launch, which supposedly will occur in 38 cities by year's end. Verizon shares, down slightly for the week, closed down 10 cents at $32.83.
Gadget Launches Besides Google's and Cisco's launches this week, Hewlett-Packard ( HPQ), which last week finally announced its new (albeit surprising choice for) CEO, shed a little long-awaited light on its Palm brand. HP will launch smartphones based on the Palm OS early next year. Motorola ( MOT) continued its Android invasion by launching the Droid Pro on Tuesday. The phone, which combines a 3.1-inch touch-screen with a full portrait keyboard, is seen as a formidable competitor to Research In Motion's ( RIMM) BlackBerry lineup, which continues to help its maker lose market share to Google and Apple.
Tech's Week Ahead Microsoft takes another crack at the mobile phone market on Monday, when it launches its Windows Phone 7 at a morning press conference in New York City. Microsoft hopes Windows Phone 7 will bridge the gap in the apps development market -- a world that it says is divided between Apple's "walled garden approach" and Android's too free-for-all system -- by enticing developers to use its Azure cloud to make it more seamless to create cross-platform programs. Check out video and pictures of the new phones by tuning into TheStreet's live blog of the event, which starts Monday at 9:30 a.m. ET (see reminder link below). Lastly, Google reports its third-quarter financials Thursday at 4:30 p.m. ET. We'll have the numbers as they cross the wires as well as comments from the Google execs' call on outlook and new initiatives. Analysts surveyed by Thomson Reuters are expecting the firm to report $6.76 EPS on quarterly revenue of $5.25 billion. --Written by Maggie Overfelt in New York. >>>To follow the writer on Twitter, go to http://twitter.com/maggieoverfelt. >>>To submit a news tip, send an email to: email@example.com.