According to Reuters, Nikkei has just announced that Apple and Softbank are working together on developing and launching an iPod mobile phone with iTunes inside.
If this is true - bring it on! Apple has still got two clear gaps in their product range to fill and fill fast - an iPod mobile phone (could this be it?) and a home entertainment center a little more powerful than the Mac Mini with Front Row!
But I suspect we may be disappointed and instead see Softbank launch a Motorola Rokr type device that plugs into iTunes but looks nothing like an iPod with mobile phone capabilities. One day I guess Apple will deliver the real deal - just not today!