David Carnoy, a CNET author posted a great article on CNET in his opinions of what's going to happen with the Verizon iPhone. I happen to agree completely. As he stresses and I will too, these are all just guesses and opinions based on tips from WSJ and other rumors. They are not facts.

• Yes, the Verizon iPhone is coming. 
• No, Apple won't announce it at WWDC. 
• In a renegotiated deal with Apple, AT&T will give up exclusivity rights to the iPhone. 
• As part of the deal, AT&T will get to sell the new iPhone for a few months before Verizon sells it. 
• Unlike Sprint's new EVO, neither the new AT&T or Verizon iPhone will be true 4G phones (both AT&T and Verizon's 4G networks aren't expected to launch until well into 2011). 
• The Verizon iPhone will be announced and launched sometime in the fall (perhaps it'll be the "one more thing" at the inevitable September iPod/iTunes event). 
• Some outrage will rightly follow--but it won't hurt sales. 

He seems a bit more sure of his opinions than I am. I'm not completely sure whether or not the deal was renegotiated and even if it was, AT&T had to receive something out of it in order for them to agree and we don't really know what that is.

Read the full article here.