After the launch of the Apple iPhone, there is only one thing remaining to be done.. i.e., Microsof to walk the same road. Crunchgear reports that the officials from Microsoft are working hard to get the Zune Phone underway latest by the year end.

Microsoft will be keeping their fingers crossed this year as they have a lot of new releases in 2007 and would hope that most of them go hit in this ever competitive technology market. The Zune phone is rumored to be a smart phone which will also work with the Zune marketplace, which is used at the moment for the Zune player.

We assume that Microsoft will try and get this in the shops by the holiday season and try and beat the iPhone.