Apple iPhone Has Verizon 4G Potential
NEW YORK (
) --The tantalizing and seemingly inevitable
Verizon
(VZ) - Get Report
version of the
Apple
(AAPL) - Get Report
iPhone is looking more and more like an early 2011 arrival.
Qualcomm's
(QCOM) - Get Report
CDMA chip and perhaps a dual mode 3G and 4G chip, is set to go for production of the
in December, wrote analyst Tim Luke of Barclays Capital Tuesday.
"Following recent industry checks, we believe that Qualcomm is making progress in its positioning as a chip supplier to Apple with initial shipments in the December quarter for a January CDMA and possibly dual mode LTE iPhone launch at Verizon," he wrote.
Cell Phone Radiation Best and Worst Phones of 2010 |
If true, the latest update further confirms reports by
TheStreet
that a
is slated for production in the fourth quarter. The January arrival of the Verizon iPhone would make sense since it coincides with Verizon's national introduction of its 4G LTE wireless network, a high-speed successor to the current 3G system.
The 4G kickoff has long been seen as Apple's best opportunity to start a partnership with Verizon and gain access to some of the telco's 92 million subscribers. Verizon has a year or two jump on
AT&T's
(T) - Get Report
4G upgrade effort.
Investors have focused on the
as the key to a new round of growth for Apple.
--Written by Scott Moritz in New York.









