There are rumors circulating around that Apple and Verizon will be launching two new products this summer. One hot product is the iPhone Lite; this is said to be smaller and cheaper than the regular iPhone. I guess they are swinging with how the economy hangs these days. The second item is some sort of “tablet-like device” that allow the user to watch HD videos, listen to music, place calls over WiFi, play games, and enjoy the great things that touch screen technology could bring.
Details about what Apple and Verizon are cooking but BusinessWeek has some stuff leaked.