Verizon's Droid Incredible Set to Launch

Verizon, the top wireless shop, revealed plans to start selling a full-featured HTC phone called the Droid Incredible.
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NEW YORK (

TheStreet

) --

Verizon

(VZ) - Get Report

promises an Incredible follow up to the

Motorola

(MOT)

Droid

-- the HTC Droid Incredible.

According to what looked like an inadvertent preview page on the Verizon site (it has since been moved), the company will start taking pre-orders this month for what it calls the Droid Incredible by HTC.

Verizon calls the Incredible the "next chapter" in what has been a modest success with Droid phones, which are powered by

Google's

(GOOG) - Get Report

Android software.

The Incredible has attracted the attention of techies who are excited about the specifications and features that stack up quite well on paper. The Incredible is expected to have

Qualcomm's

(QCOM) - Get Report

Snapdragon one-gigahertz processor, 8 gigabytes of data storage and an 8-megapixel camera.

If these characteristics sound familiar, there's a reason. The Incredible appears to be a twin of Google's own

Nexus One

phone made by HTC. Coincidentally, all has been quiet on the Nexus One front since Google first announced it would be selling a

Verizon Nexus One

version of the phone last month.

The move comes as

Apple

(AAPL) - Get Report

gears up to announce its fourth version of the iconic iPhone at AT&T and potentially kick-start a new round of phone shopping by consumers looking to upgrade to a touch-screen phone. The rivalries have been building in smartphones as Google's Androids have been gaining popularity by offering a more open, user-defined mobile device.

>> Who Owns Verizon?: George Soros

Verizon has teamed with Google in the past year to develop phones that can help the two companies counter the strong iPhone partnership between Apple and AT&T.

Notably, the next verison of the iPhone will have a 5-megapixel camera, and it won't be until next year that the

iPhone gets an 8-megapixel camera

from

Sony

(SNE) - Get Report

, as

TheStreet

exclusively reported Tuesday.

Apple investors showed no concern over the latest mobile phone treat from Google. Apple shares hit another all-time high Wednesday and were trading up $3.12, or 1%, to $245.55 in afternoon trading.

--Written by Scott Moritz in New York