Verizon to Sell iPhone in 2011?
CHETRY: Twenty-one minutes past the hour. When trading starts in just over an hour, Wall Street is going to try to make up some of the huge losses from yesterday, reacting to a drop in consumer confidence and fears of a bigger global slowdown. The Dow losing 268 points, over 2.6 percent of its worth. The Nasdaq down almost 4 percent. Trading today in Asia finishing with some big red arrows as well. Japan, the biggest loser. Things are a little better in Europe. London's FTSE up just over one-half of a percentage point.</s>ROBERTS: And Verizon customers, we have heard this before, well the rumors are flying again that the company will be selling the coveted iPhone. Bloomberg news reported sources close to the deal say the Apple device will be available to Verizon customers in January. Insiders say that timetable makes sense because it coincides with the introduction of Verizon's new faster 4G network. No official comment from the companies themselves.</s>CHETRY: What happened?</s>ROBERTS: We discovered a problem with the new iPhone 4. This is the latest generation thing. Apparently -- I found out online that this might be a fairly common problem.</s>CHETRY: It went dead on you?</s>ROBERTS: This was activated yesterday and promptly went dead. Tried everything. Hard reset. People have been writing in. We talked about this earlier saying hold down the two buttons. Tried that ages go.</s>CHETRY: And you are positive it is charged. It was not an empty battery?</s>ROBERTS: Yes, fully charged. No, it is just dead. Dead, dead, dead.</s>CHETRY: Well, you know, the upside to that is you won't have to worry about losing reception.</s>ROBERTS: Exactly. Yes. Apparently, the other problem is, you put your hand on that part of the iPhone and you lose your reception. I don't know if this is -- imagine it is an Apple problem. Apple, can you help us out here? Dead iPhone 4. Don't know what's going on with it. But other people have reported similar problems.</s>CHETRY: On the upside, my 3 is working just fine. Elena Kagan letting her guard down. New video shows Kagan's feisty side from her time as the Dean of Harvard's Law School.