Verizon iPhone coming in early 2011?

Fortune Magazine has reported that Verizon's iPhone will be arriving by the end of the first quarter in 2011. With "many sources cited who are close to the program", big reds Apple device will have a special CDMA chip so it can run on their network. For those who don't know, CDMA is an older communications technology still used by Verizon and Sprint, although Sprint has invested a lot of money into a 4G network. Carriers like T-Mobile and AT&T use GSM networks which is faster and the worldwide standard. For a Verizon iPhone to become a reality, Apple has to insert a special chip to be used on Verizon's network. This means they have to redo the framework of the phone in order for it to use CDMA. The reality is that there are rumors that Apple has been retooling the form factor of the iPhone due to antenna problems and so it is a possibility that while they have been reworking the antenna, they might have made room for a dual GSM-CDMA chipset. We will find out soon enough, but fingers crossed for all Verizonites!