Hey, so, this is crazy, but Google bought a smartphone company (Motorola), and now they're working on a smartphone together. Shocker. Snarkiness aside, the Wall Street Journal is reporting that, according to its sources, Motorola and Google are working on making a flagship phone specifically to compete with the iPhone and Samsung's Galaxy line. It is internally known as the 'X Phone,' and will allegedly be released in 2013.
At this point, if Motorola and Google weren't working on a high-end phone for 2013, I'd be worried.