Softbank has issued a brief statement [Japanese language] denying claims that it is working with Apple to develop an “iPhone.” The Nihon Keizai Shimbun Japanese newspaper reported on Friday that Apple had partnered with Softbank to create and manufacture a new cell phone with iPod-like music-playing features and the capability to download songs directly from the iTunes Music Store.
Softbank denies Apple cell phone deal
By LC Angell

LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.