Watch stocks you care about
The single, easiest way to keep track of all the stocks that matter...
Your own personalized stock watchlist!
It's a 100% FREE Motley Fool service...
Citing an anonymous source in direct contact with Apple (Nasdaq: AAPL ) , The New York Times on Friday confirmed that the two companies plan to introduce an iPhone 4 for Verizon's network "early next year."
Crow, meet mouth. Mouth, crow. (Nom nom nom.)
So far, we don't have any of the details of the arrangements between Apple and Verizon. What we do know is that Verizon plans to roll out an initial version of its 4G network, built on a technology known as Long-Term Evolution (LTE), in 38 cities before the end of the year. Denver, where I live and work, is one of those cities.
We also know that AT&T (NYSE: T ) , demonstrating its affection for open relationships, plans to carry Microsoft's (Nasdaq: MSFT ) new Windows Phone 7. The former Ms. Bell has been carrying handsets based on Google's (Nasdaq: GOOG ) Android OS for months.
Timing is where this deal gets really interesting. The new iPhone should be out weeks after Verizon officially lights up its LTE network. Apple, in a coup, could have the first smartphone built for that network.
To be fair, it wouldn't be the first 4G smartphone. Samsung and HTC already have smartphones designed for Sprint's (NYSE: S ) 4G WiMAX network, built in concert with Clearwire (Nasdaq: CLWR ) . But neither Samsung nor HTC has the brand allure of Apple, and neither of its smartphones is built for an LTE network.
We also know from surveys that iPhone users and wannabe buyers crave the opportunity to choose a carrier other than AT&T -- one that lacks a history of dropped calls. Unfair? No doubt. AT&T has made huge improvements, but as often happens in business, perception has become reality. For Apple and Verizon, that's a huge opportunity they'll soon be able to take advantage of.
Now it's your turn to weigh in. Would you pay a premium for an LTE iPhone? Please vote in the poll below, and then leave a comment to explain your thinking.