More speculation on the iPhone going with Verizon Wireless has hit the net waves, with the latest rumour being the iPhone will come to Verizon in Q3 of 2010 according to an article on apple insider.

Rumour has it that Apple is placing orders for a batch of iPhone handsets that come equipped with a hybrid UNTS/CDMA chip which would be capable of using Verizon’s CDMA network, and it’s presumed that Apple has tapped Pegatron to make the new iPhone.

More rumour has it that the new iPhone may sport a smaller touch screen at 2.8 inches, although this is all speculation and thus far no word from Apple or Verizon.