Well it was nice while it lasted. Just like AT&T dropped unlimited data plans in June 2010 for its iPhone customers, Verizon will cap data in the coming months. The switch to tiered data plan offerings is expected to happen this summer, in advance of the iPhone 5 launch.

Verizon CFO Fran Shammo announced the plan to move ahead with tiered data plans on the iPhone during an investor conference. Shammo also explained that consumers might not be thrilled when they're stuck with an iPhone 4 contract after the next generation device is launched by Apple.

Screenshots acquired by 9to5 Mac reveal a gesture-based passcode lock screen already in use internally at Apple. The AppleConnect iOS application for employees makes use of the feature.

Much like a similar gesture-based passcode lock found on Android devices, the Apple version allows users to set a private code based on points that are connected by the user on the screen. The iOS version has a progress bar indicating the strength of an individual gesture entered for use as a passcode.

According to the Wall Street Journal, short lines and quiet Verizon Wireless retail stores are misleading when it comes to iPhone 4 sales. Verizon CEO Daniel Mead responded to allegations that the iPhone 4 launch was a flop, explaining that it has outsold any other device release in Verizon Wireless history.

Staggering the pre-order dates, a strong online sales focus, and wide availability at third party retailers such as Best Buy helped contribute to the small lines. Official sales numbers have not been released, but analysts put the figure of CDMA iPhone 4 units sold in the first pre-order round at half a million. Verizon's next quarterly report will include updates on actual sales quantities.

iDealsChina has revealed an image they claim is China's first iPhone 5 photo. Seen below, the part is wrapped in plastic and looks to have a familiar iPhone screen profile. 9to5 Mac explains the part may be a digitizer panel for the next generation Apple iPhone.

The black bezel on the part is noticeably thinner on all sides, matching previous reports from DigiTimes and others claiming that Apple is developing a 4-inch screen for the iPhone 5. A larger Retina display would compete with a variety of Android devices that already offer 4-inch screens.

The independent magazine Consumer Reports is warning Verizon customers to "mind the gap" on the left side of their iPhone 4. They have tested the device and determined that the Verizon model iPhone 4 is prone to the same reception issues and dropped calls as the AT&T version they tested last summer. The problem occurs in areas with weak signals when the phone is held a certain way.

Gripping the left side of the iPhone 4 and bridging the black antenna gap on the lower left side of the device lowers performance and can drop calls in these weak signal areas due to signal attenuation. The problem was widely reported on the AT&T network and Apple offered free Bumper cases to affected users. Consumer Reports, reporting on their Electronics Blog, stated that an Apple Bumper case alleviated the problem.