Summary:

You’ve heard this one before: Apple (NSDQ: AAPL) is indeed manufacturing a phone capable of running on Verizon Wireless’s CDMA network. This…

You’ve heard this one before: Apple (NSDQ: AAPL) is indeed manufacturing a phone capable of running on Verizon Wireless’s CDMA network. This time the rumors say Apple will begin producing the phones this year, in order for Verizon Wireless to sell early first quarter, the WSJ reports. The report was not confirmed by any of the parties.

The phone is expected to be similar to the iPhone 4 currently being sold by AT&T (NYSE: T), meaning it likely won’t work on Verizon’s LTE network announced today. The phone is expected to be based on a Qualcomm (NSDQ: QCOM) CDMA chipset, according to the people who claimed to have first-hand knowledge of the device. The release of an iPhone on Verizon would mark the end of AT&T’s exclusive. It was unclear whether the device would be available on other U.S. carriers, like T-Mobile or Sprint (NYSE: S).

In a press conference detailing Verizon’s LTE plans today, Verizon’s COO Lowell McAdam addressed the rumors: “This is something that rolls out every frew weeks. I can

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