A new rumor appeared in Asia that the Google Phone is indeed coming end of 2007 and HTC is making it.
The hyped Google phone would be 3G and run Google applications like Search, Gmail or Google maps. It would not have GPS.More details on Digitimes. Via Engadget.
Digitimes did create some credibility as their recent rumor about the delay of Apple OS X Leopard was correct.
The rumor that HTC is building a phone for Google already appeared in 2006 as well. When it is here, Google will let us know as it will be for sure all yellow.