Readers report that CNBC has mentioned a report by Nikkei Net Interactive that Apple and Softbank are developing an iPod/Cell Phone: The entire article is restricted to subscribers only, so further details not presently available. There have been a number of ongoing rumors that Apple has been working on a cellphone. In addition published patent applications have revealed that Apple has indeed been working on technology to allow users to purchase iTunes songs over cell phones. The exact timeframe for the Apple-branded phone has been vague. Initial speculative reports claimed that an Apple Phone is expected in the next 12 months. Cell phones with iTunes-playing capability are not entirely new. Motorola introduced the first iTunes-capable cell phone in September 2005 with a followup model (SLVR) in January. These models though were met with some criticism, especially due to the 100-song cap imposed on song storage. Update: Appleinsider offers some more details of the report. The report indicates that it will be a 3G cell phone combining features of the iPod and Cell phone and is expected to be released in Japan "sometime this year at the earliest" and in the U.S. at a later date. Update 2: Quotes/Details from the article: It appears, Apple will sell this phone under the "Apple" brand: Update 3: Softbank has released a statement claiming that media reports are "speculation."