The rumors have been swirling around for quite some time, but it looks as though the Verizon iPhone will be released sometime in the early part of 2011.

What does that mean for you? Whether you are a current iPhone user, someone who is monitoring Verizon’s foray into iPhone territory, or simply a smartphone enthusiast, this will undoubtedly have some effect on you.

The obvious effect would be for those of you who have been holding out on the iPhone simply because Verizon hasn’t offered it. Soon, those problems will be solved. But how else will the release of a Verizon iPhone affect you?

For starters, consumers now have a choice, and having the largest network as a choice certainly can’t hurt. It will also give plenty of people the chance to stay within the Verizon network, rather than having to switch to AT&T. Some might argue that Verizon is a better carrier overall, and its technology might actually be better suited for the iPhone.

The development of the Verizon iPhone will mean a lot when it is released, as it opens up a smartphone to millions of people who previously had a much harder time getting it. As a consumer, it gives you one more option for a mobile phone, and another way to download Angry Birds.

When the Verizon iPhone does eventually come out, you might want to get rid of your old phone in order to upgrade. If that’s the case, sell your iPhone with e-Cycle and take advantage of our services. Recycling cell phones with us means you do something great for the environment, your private data remains secure, and you can make some extra cash.

Extra cash that can go towards the purchase of the Verizon iPhone.