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Motorola on Wednesday night confirmed plans to launch the much-anticipated iTunes phone that will play digital music downloaded from Apple's iTunes Music Store, The Financial Times is reporting. During the company's quarterly conference call, Motorola's CEO said that the iTunes product would surface in the next few months, despite ongoing speculation that Motorola might delay the due to a "lack of enthusiasm among US network operators." The company hopes to continue in the footsteps of its popular Razr phone, boosting market share and profit margins by introducing new phone.