CDMA iPhones could be worth up to $9 billion for Apple in 2012, says JP Morgan analyst Mark Moskowitz. Of this about $6 billion is expected to come from Verizon, but the remaining $3 billion is forecast to come from other countries, most notably those in the Asia-Pacific region. There are currently about 564 million CDMA subscribers worldwide, of which Verizon's 95 million represents only 17 percent.