Now comes the news that everyone that doesn't have AT&T has been waiting for. Verizon is reportedly in talks with Apple (USA Today) to bring the iPhone to its current phone line up. Originally, if Apple were to make their iPhone for Verizon, they would have to use the CDMA technology, which the rest of the world doesn't use. Because of this, Apple would have to make one phone for the US and a GSM one for the rest of the world. But now, with the aspect of bringing 4G GSM into play by Verizon, this is no longer the case. There is no doubt that loosing the iPhone exclusivity to Verizon would make a major blow to the AT&T bottom line. With Verizon's first quarter results being strong and the continued success of their fiber-optic network service FIOS, VZ could be a buy. According to stock analyst and avid trader Jim Cramer (The Street), the stock should be a "strong buy". If the talks do form into an agreement between Verizon and Apple, it would be good news for VZ and AAPL investors, as well as Verizon customers who love the network and service, but considered switching to AT&T for the iPhone. Verizon (VZ) ended the trading day at $30.54 (-0.46 -1.48%) and Apple (AAPL) ended the trading day at $124.73 (+0.86 +0.67%).
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