An analyst purports Apple is ramping up to manufacture an iPhone compatible with Verizon's and Sprint's CDMA technology.
In a note to investors, analyst Jeffrey Fidacaro with Susquehanna Financial Group said Apple said checks with overseas suppliers indicate Apple is readying to produce 3 million CDMA iPhones.
This latest news supports several other previous reports.
Earlier this year, the Wall Street Journal reported a CDMA iPhone would begin production in September.
Citing two anonymous sources said to be familiar with the Verizon iPhone plans, Bloomberg said the iPhone will be available with Verizon in January.
Verizon is the largest wireless carrier in the U.S. with nearly 93 million subscribers. The carrier has begun rolling out its 4G LTE network this year.
Verizon's testing has realized speeds nearly 10 times faster than its current 3G network which is CDMA EV-DO.
Matthew Fortner has been at The News & Observer since 2002. He has a passion for gadgets, cutting-edge technology and all things geek.
