White iPhone Release Date Almost Here Report

Apple has been delaying plans for months to introduce a white version of its beloved iPhone. It appears the wait is nearly over.

The consumer-electronics juggernaut plans to sell a white version of the iPhone 4 in the next few weeks, Bloomberg reported, citing three people familiar with the plans.

One of those sources said AT&T and Verizon will make the new model available by the end of this month.

The release of a white iPhone was delayed as Apple resolved manufacturing challenges, including paint that peeled under heat, Bloomberg said, citing one source.

As one of the largest companies in the world based on its market capitalization ($308.6 billion), Apple owes a large part of its success to the iPhone, which is sold around the globe.  As of Sept. 25, 2010, Apple distributed the iPhone in 89 countries through 166 carriers.

Sales of the iPhone continue to climb. In the first quarter of 2011, net sales of the device and related products and services totaled $10.5 billion. That figure reflected an increase of $4.9 billion or 88 percent, over the same period a year ago.

In its 2010 fiscal year ending Sept. 25, 2010, the Cupertino, Calif.-based company reported that the iPhone and related products and services comprised a whopping $25.2 billion of its $65.2 billion in net sales. That reflected an increase of $12.1 billion or 93 percent, compared to 2009. Apple partly attributed the growth to strong sales for its iPhone 4, which was released in the United States in June 2010 through Apples relationship with AT&T. In February, Verizon Wireless began selling the iPhone 4, ending AT&Ts exclusive relationship to sell the device in the United States.   

Apple plans to hold a conference call on Wednesday, April 20, to discuss its second-quarter results.

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