Apple will release a Verizon iPhone “very soon, maybe by Valentine’s Day,” reports “Bloomberg Businessweek” ( It will come sometime after the Consumer Electronics Show in Las Vegas in early January, the article adds, quoting ” a person familiar with Apple’s plans who is not authorized to discuss them publicly.”

Estimates from industry analysts of the resulting number of defections to Verizon from AT&T range from 1-6 million. John Hodulik, an analyst at UBS Securities comes in somewhere in the middle, telling “Bloomberg” that he predicts that AT&T will sell 8.8 million iPhones in 2011, down from 15.6 million in 2010.

Of the 13.3 million Hodulik expects Verizon to sell in 2011, about 2.3 million will be to AT&T refugees, he predicts. An additional 10 million will be current Verizon subscribers who upgrade from other devices, and the rest will come from other carriers.

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