No, there is no Google Phone in the works, or is there...

Looks like our hopes for the development of the highly anticipated, and much rumored Google Phone have been stomped out. Richard Kimber, a managing director of sales and operations in Google's South-East Asia office, says that Google will not be entering the crowded handset market, but Google is obviously investing in the software side of things through partnerships with existing handset makers.

Software is key to Google, and equipment manufacturing is far from Google's business plan, as Vint Cerf had relayed earlier this month. As our friends over at Engadget point out, neither Vint or Richard have come out and flat out denied a mobile device is in the works, so who knows what the future can hold.

With this news out, I suppose everything will be ok, the world will go on, and Apple will have to look elsewhere for a worthy battle against the iPhone.

Tags: cell, device, engadget, google, handheld, mobile, phone