Oh what’s this? Another Verizon iPhone rumour? Oh go on then. This time it’s the Wall Street Journal reporting that Apple plans to begin mass production of a CDMA iPhone later this year with Verizon possibly selling the handset in the early part of 2011.

The article goes on to say that the Verizon iPhone would be identical to the current iPhone 4 except for the inclusion of a CDMA chip which would be produced by manufacturer Qualcomm Inc.

Quoting people ‘briefed on the matter’, the WSJ also claims that a separate iPhone is also in the works. This mystery handset will feature an all-new form-factor according to the source, which would mean Apple stepping away from the current strategy of releasing a major iPhone revision every 2 years with a minor revision in-between.

Rumours of a Verizon iPhone have been circulating since just before the dawn of time and they show no sign of going away. It’s safe to say AT&T’s US exclusivity will come to an end sooner rather than later, but until we see the iPhone mentioned on Verizon’s website, we here at Touch Reviews Towers just won’t quite believe it.