Verizon Incredible: A Big Dose of Droids

The Droid Incredible and Google's Nexus One give Verizon some Android muscle against Apple's iPhone.
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NEW YORK (TheStreet) -- Call it the attack of the Droids. Verizon (VZ) - Get Report has an incredible plan to load up on Android phones for a summer smartphone battle with Apple (AAPL) - Get Report.

Verizon unveiled the astonishingly-named

Droid Incredible

Thursday, a super-thin, souped-up touch-screen phone with an 8-megapixel camera, and -- for the moment -- the fastest processor on the market:

Qualcomm's

(QCOM) - Get Report

Snapdragon. The phone will take over as the flagship Droid device for Verizon, succeeding the popular

Motorola

(MOT)

Droid and

HTC

Droid Eris.

The HTC-made Incredible also precedes

Google's

(GOOG) - Get Report

own Android-powered

Nexus One

, which is due to enter the Verizon lineup this spring. The Nexus One, also made by HTC, has nearly the same features as the Incredible with a few exceptions like a 5-megapixel camera.

"They want to span the breadth of the market," said Nielsen wireless analyst Roger Entner. "Everyone wants to offer a smartphone at every price."

The bulk up of head-turning Androids puts Verizon is a stronger position as

AT&T

(T) - Get Report

and Apple get set to unveil the fourth version of the iPhone this summer.

With the Incredible splash, it's now easier to see how Verizon's marketing tab for the Droids has reached a reported $100 million.

The performance-enhancing Droid move is not necessarily good news for other Verizon phone partners including

Research In Motion

(RIMM)

and Motorola.

In a cautious note to clients Friday, MKM Partners analyst Tero Kuittinen warned that "Motorola's position at Verizon is wobbly." With HTC's Incredible taking center stage as Verizon's lead Droid phone, the Motorola Droid could be headed to the discount bin as a cheap promotional offering.

All the flexing of the Droid muscle could also push RIM's BlackBerries aside at a time when piles of unsold BlackBerry Storm 2 phones are being shipped back to the warehouses.

--Written by Scott Moritz in New York.