I'm not speculating on speculation. I'm simply reciting how typical factory contracts work based on past experience.
Edit: See KDarling's post above. He seems to know how it works as well.
The thing is, you see what you wish to see. In this case you only see his points are ignore the other facts.
This is going to end up like last year, Verizon fanboys crying all over the place again and asking when is Verizon getting it.
Contract check, it runs all the way to 2012 and if I am not mistaken, this is 2010. Moreover, the rumors that Verizon will be getting the iPhone have been on from many reliable sources ever since Sept 2007. So, as you see, all those reliable sources end up getting the report wrong.
Nothing will change this year but an already known iPhone model. The sweet taste of Verizon fanboy tears is refreshing.