The much-anticipated and praised Verizon iPhone 4 is no longer available for preorder because they sold out during two hours; CEO Dan Mead said, "In just our first two hours, we had already sold more phones than any first day launch in our history. When you consider these initial orders were placed between the hours of 3 a.m. and 5 a.m., it is an incredible success story." Apparently this has surpassed any other Verizon smartphone debut. The Verizon iPhone 4 goes on sale next week.