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Apple to make Verizon-ready iPhone

Free at last from the confines of AT&T's gawky system. Sources tell the WSJ that Apple will begin producing a new iPhone by the end of 2010 that would allow Verizon Wireless.

The new iPhone would be similar in design to the iPhone 4 currently sold by AT&T Inc. but would be based on an alternative wireless technology called CDMA used by Verizon, these people said. The phone, for which Qualcomm Inc. is providing a key chip, is expected to be released in the first quarter of next year, according to the same people.

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Recent stories on LA Observed:
Barry Diller's many paychecks
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