White iPhone 4 and Verizon iPhone may be too little too late

White iPhone 4 and Verizon iPhone may be too little too late. Apple in talks with Verizon for 2011 iPhone launch

A Kaufman Bros. analyst Shaw Wu wrote in a note to a client that Apple (AAPL) is working on branching to other carriers in US for iPhone and that Verizon may not be the first on the list.

Shaw Wu said that Apple and Verizon are still working on the details of the deal "including technology and economics," which leads him to speculate that Sprint and T-Mobile could be next in the list to be iPhone partners after AT&T.

According to Wu, “From our checks with industry and supply chain sources and a recent SEC 10-Q filing by AT&T mentioning that exclusivity with "a number of attractive handsets" could end, we have conviction that the iPhone could likely finally be at another carrier besides AT&T here in the U.S. in 2011 and potentially at Verizon in 2011 or 2012... We believe the argument for AAPL to pursue Verizon sooner than later is to address the growing presence of Android.”

"It is notable that signing up both T-Mobile USA and Sprint would almost be the equivalent of Verizon (in terms of subscribers)," Wu said. "For point of reference, AT&T has 90 million wireless subscribers compared to 93 million at Verizon, 48 million at Sprint, and 34 million at T-Mobile USA."

Moreover, he said that Verizon and Apple are still working on the deal and is yet to finalize some details “including technology and economics.” 

However, if this speculation proves to be correct then we would hopefully get a non-AT&T iPhone in 2011. But till then let us just speculate on which carrier it would be available.