Verizon Wireless could discontinue BlackBerry Storm

Word on the grapevine has it that Verizon Wireless will be dropping the iconic BlackBerry Storm smartphone from its lineup, mainly because the smartphone has an unexceptionally high level of returns – optimists prefer to say that Verizon is paving the way for a new device instead. Should Verizon go ahead with this decision, it could potentially hurt RIM significantly, since Verizon is currently the largest official retailer of BlackBerry Storm handsets. There is no official statement from either RIM or Verizon, so we’ll have to wait for someone to burst open their dams.