Motorola iTunes Phone [Updated]

Motorola reportedly showed their upcoming iTunes compatible phone today:

The new iTunes compatible E1060 model phone, which the company said is aimed at music aficionados, allows users to download and carry a limited number of songs in the iTunes format.

No photos or details yet available.

Engadget provides a picture of the E1060 upcoming phone but there appears to be some discrepancy on the supported music formats. (no mention of iTunes).
Link to Motorola website on the E1060.