According to a report by USA Today, "Verizon (VZ) and Apple (AAPL) are discussing the possible development of an iPhone for Verizon, with the goal of introducing it next year, people familiar with the situation say." This comes as a bit of a shock after Apple COO Tim Cook pretty much shot down the possibility of an iPhone ever hitting CDMA when he said:
We view AT&T as a very good partner, the best wireless provider in the U.S. Very happy to do business with them. They have done a good job with the iPhone. We have no plans to change it. Technically, Verizon is on CDMA. We decided to focus on one phone for the entire world, which means you have to go down the GSM route. CDMA doesn't have a life after a certain point in time
Might as well add the Businessweek apparently thinks Apple and Verizon are going to be releasing an iPhone Lite and Media Pa.
One device is a smaller, less expensive calling device described by a person who has seen it as an "iPhone lite." The other is a media pad that would let users listen to music, view photos, and watch high-definition videos, the person says. It would place calls over a Wi-Fi connection. One of these devices may be introduced as early as this summer, one person says.