A Verizon iPhone release is expected to be coming in June, and even the CEO of Verizon has expressed interest in launching a Verizon iPhone but not confirmed anything. The new iPhone 4G prototype photo on the top shows that the iPhone will have a front facing camera. It will also be running iPhone 4.0 software.
There are also reports that the iPhone may not come on to Verizon until 2011, because Verizon's 4G network is not even out. People are skeptical about Apple launching an iPhone that supports Verizon's outdated CDMA network. In June, during WWDC Apple will finally be announcing the new iPhone and letting us know what carriers it will be supported on. If AT&T is the only carrier, then it will be a sad day for people who were expecting Apple to support other carriers like Verizon or Sprint. In my opinion, Google is doing a better job than Apple because they are launching their phones on as many carriers as possible.