According to Mobileread, Barron's online published an online exclusive (subscription required) reporting on comments by Johnny Chan, a Hong Kong based J.P. Morgan analyst, about the looming possibility of an Apple iPhone. Last week, a Piper Jaffary analyst claimed they felt there was a 75% chance that Apple would release an iPhone in the next 12 months. The J.P. Morgan reports adds a bit more substance to that claim. According to the article, Apple is working on "an iPod with phone functions" and is shopping around for a electronics manufacturer. Meanwhile, Taiwan Green Point Enterprises, the current manufacturer for the iPod plastic cases is also said to be in talks with Apple about the phone.