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Apple is said to be developing a CDMA-compatible iPhone that would work on leading U.S. mobile carrier Verizon Communications Inc’s network, the Wall Street Journal had reported earlier, citing people familiar with the matter.

The Taiwan firm, Pegatron, will begin shipping the phones from next year, said the source close to Pegatron, who declined to be named as the plans were not yet public. The source could not confirm if the products Dell latitude d420 battery would be for Verizon’s network. Shares in Asustek rose 0.4 percent on Tuesday in a broader Taiwan market up 0.2 percent. Asustek has said it will spin off Pegatron in June, with the unit expected to list around then.

Verizon shares had jumped 3.4 percent in after-hours trade, while AT&T Inc, the current exclusive carrier of the iPhone in the United States, fell 2.2 percent.An Apple spokeswoman said the company does not comment on speculation of Dell inspiron 5100 battery . Broadpoint Amtech analyst Brian Marshall said it was “only a matter of time” before the iPhone landed with Verizon.

He said Verizon has a better network than AT&T and a larger customer base. Marshall expects a Verizon iPhone to happen early in 2011. Verizon has roughly 6 million more wireless customers than AT&T.

Rumors have swirled for some time about Apple launching an iPhone with Verizon. AT&T has been the sole U.S. carrier since the iPhone’s debut in 2007 and some iPhone users have complained about the quality of the AT&T network for Dell inspiron 6400 battery .”AT&T has known all along that its exclusive relationship with Apple would change into something else some day.

From the beginning of its relationship with Apple, AT&T has factored this change into its business and technology planning,” a person familiar with AT&T said. Verizon shares rose to $31.50 from a close of $30.45, while AT&T shares slipped to $25.97 from a close of $26.51 for Dell inspiron e1405 battery . Apple stock rose 2.3 percent to $237.65 in extended trading from a close of $232.39.

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