Motorola finally working on touch-screen phone?

Motorola has been steadily losing market share on mobile phones without any blockbuster phone since Razr! Their stock has dropped more than 60% since 2006.

But it seems that they are finally working on some new touch-screen phones:

Source: http://www.rcrnews.com/article/20080801/FREE/867454753/-1/rss01

"Brown (Motorola CEO) said he expects to roll out about 34 new phones by year's end, more than double the number introduced in the first six months of the year. That’s likely to include an answer to Apple Inc.’s popular iPhone, a Web-friendly phone with a touch-sensitive screen. The phone is now in its second generation, accompanied by look-alikes from most rivals, except Motorola.

Brown said new phones in the second half of the year will have “capabilities that will include touch and messaging . . . and we’ll be looking to enhance our smartphone portfolio.”

Asked whether such a phone will be in U.S. stores by Christmas, he said, “That’s a reasonable expectation.”