Everyone's crazy about iPhone and it's been good to Apple so far–as evidenced by their record earnings last quarter. The 800 pound Boogeyman known as Google may be prepping a phone that could spook even Apple. According to the WSJ:
Google is in serious discussions with Verizon Wireless over a partnership in which Verizon would carry cellphones tailored to a new Google operating system, a person familiar with the discussions said. Speculation about Google's mobile strategy have helped shares of the Internet giant surge near $700.