Dan Mead, left, CEO of Verizon Wireless, and Tim Cook, COO of Apple, announce that Verizon Wireless will carry Apple's iPhone, Tuesday, Jan. 11, 2011 in New York. (AP Photo/Mark Lennihan)
Pegatron is only one of Apple's supplies, with Foxconn being another. Both are based in China. If Foxconn gets a similar order, then the huge supply will feed the anticipated needs of Verizon's iPhone data plans.
It also means that workers will not get the Lunar New Year off, but they will get triple their normal wages for producing the new phones.