Apple Inc. is making a version of its iPhone that Verizon Wireless will sell early next year, according to people familiar with the matter, ending an exclusive deal with AT&T and sharpening the competition with Google Inc.-based phones.
The iPhone is finally coming to the Verizon wireless network as Apple gears up to produce a CDMA version of its popular smartphone that will be available in the first quarter of next year. Marcelo Prince and Julia Angwin discuss.
While Apple is on track to sell 40 million iPhones across the globe this year, the touchscreen handset is facing pressure in the U.S. from phones running Google's Android software, which have been heavily promoted by Verizon Wireless, the biggest U.S. carrier by subscribers.
