Verizon CFO : Apple's iPhone 5 launching in Q4 this year

Mr.Fran Shammo, Verizon's CFO, have tipped a 4th Quarter on 2012 release of the Apple iPhone 5. During the carrier's conference call made last week to report its latest quarterly earnings, Shammo said that a "big smartphone" was coming to Verizon in the fourth quarter.

Apple's iPhone 5 already reached the production status after passing all the engineering and quality tests.

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