Verizon iPhone in 2011

According to a report to clients issued Monday by Kaufman Bros.' Shaw Wu, Apple got the terms it wanted from Verizon for the version of the iPhone expected to be released by the carrier in early 2011.

Wu writes that he is 'picking up that iPhone economics to Apple are likely to be favorable, similar to that offered by AT&T. That should mean an iPhone should not cost more when built for Verizon than for AT&T.

Apple has cut a sweet deal with Verizon for the iPhone