It seems like it is coming. There is a rumor being substantiated by Apple Insider that Apple will have millions of Verizon compatible iPhones in production later this year. Analyst Jeffrey Fidacaro with Susquehanna Financial Group passed along to investors on Wednesday that checks with overseas suppliers indicated Apple is prepared to build 3 million CDMA iPhones in December, putting the device on track for an early 2011 launch. That would put total GSM and CDMA iPhone production for the quarter at between 21 million and 22 million.

This latest rumor comes a day after AT&T chief executive Randall Stephenson said he was not concerned about losing iPhone exclusivity. Stephenson acknowledged that Apple Inc.’s iPhone 4 is currently driving ‘a lot’ of AT&T’s smart-phone sales. But he said that these sales are locking in many customers into long-term contracts that will not end just because the iPhone goes to another carrier.”

Treez: Everyone seems to complain about AT&T as a provider. They lose exclusivity to VERIZON (No. 1 provider) of all companies and they are done in a major way. Yeah, you got all the old AT&T folks “locked up” as you so eloquently put it, but every NEW possible iPhone user is heading to Verizon buddy. Also, Kid Chronic hated his iPhone, so that has to stand for something. I am a G1 to a MyTouch 3G guy so Android is where my heart is at. Long Live Google!!