Finally, Apple and Cisco has settled their dispute with regards to the use of the IPhone name:
http://www.cnn.com/2007/TECH/biztech/02/22/cisco.apple.ap/index.html
As per the article, Apple can use the name IPhone for their new multimedia device in exchange for “interoperability” of both companies’ devices.
A win-win situation where the true winners are the consumers 
An Ipod, A phone, an Internet Communicator. An Ipod, A phone, an Internet Communicator. An Ipod, A phone, an Internet Communicator.
LOL