As we reported several weeks ago, Verizon Wireless and Apple appear to at least be discussing going into business together.
Business Week reported that there's a real possibility that Apple may release two iPhone-like devices for Verizon later this year. One would be an iPhone-lite, a smaller and skinnier version of the current device. Another would be a media pad that is bigger and wider than the current iPhone and would allow for HD video and for phone calls when connected to a WiFi device.
Verizon Wireless CEO Lowell McAdam told BusinessWeek that his company has spoken with Apple executives and he had conversations with Apple's Steve Jobs.
Ultimately, this could be good for the consumer. You would have the choice of two providers for your Apple devices and maybe AT&T would see fit to trim its prices for iPhone service, which are notoriously high.
Also today the Wall Street Journal reported that Microsoft is working with a third party to develop an iPhone rival, code named Pink, that would debut on Verizon's network early next year.