A new report from OTR Global says Apple plans to release a UMTS/CDMA hybrid iPhone in the third quarter of 2010. If true, the new iPhone will play nice with Verizon's network and spell an end to AT&T's exclusivity contract in the U.S. -- which is already slated to end sometime next year.

The report also notes the new phone has a 2.8-inch screen and smaller body, which is consistent with photos that surfaced on iLounge last June. The device would be manufactured by Taiwan-based Asustek subsidiary Pegatron.

http://www.pcworld.com/article/181673/ap...

Now, what does this mean for Garmin? Any spin from longs?