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The Japanese web and telecom company, Softbank Corporate, is going to be getting freaky with Apple in development of the Apple licensed phone, finally. It is going to be a true iTunes phone that can play music and download songs from the iTunes Music Store.

The original report, from Nikkei, says that Apple and Softbank agreed to co-develop the phone and it may be available as early as this year. Apple declined to comment about any of this. iPhone, here we come!

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Apple, Softbank plan iPod mobile phones [Reuters]