Verizon CEO Lowell McAdam took the stage in New York City to announce that in early February, customers will be able to purchase iPhone 4 devices compatible with Verizon's CDMA network. That's right: the Verion iPhone 4 is a reality.
"If the press write something long enough, eventually it comes true," McAdam joked during the press conference.
Customers can snag a 16GB Verizon iPhone for $199, according to Verizon's preorder page. "[The Verizon iPhone 4] will be available on February 10. If you are a Verizon Wireless customer, you can reserve now," reports Gizmodo. Pre-orders will start on February 3.
Features will include Retina Display, FaceTime video calling, a 5-megapixel camera, and Apple's A4 chip. The device can also be used as a mobile hotspot, a feature that the AT&T version lacks. (Click here for our comprehensive coverage of the Verizon iPhone's features and pricing.)
Twitter exploded as news of the Verizon iPhone announcement spread quickly via tweets. Reactions range from ecstatic to disappointed to downright skeptical. Many seem concerned about Verizon's 3G network being able to handle the traffic boom that the iPhone is sure to bring. See what else tweeters have to say in our slideshow (below), then share your thoughts with us in the comments. Are you excited about the Verizon iPhone? Do you think it's overhyped? Will Android win?