Google working on its own "iphone"?

Is Google really working on its own version of a iphone-like cellphone: the googlephone? Unnamed sources are saying that Google is teaming up with Samsung on the production of the Google Switch, a button-less touchscreen device only this time with GPS built-in for pinpoint navigation around Google Maps.

According to those unnamed sources, the device doesn't have any on-board storage. All applications are served up over the network with new apps "attached" to an account via a web interface.

Source and photos: Engadget