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Cnet: Google's Motorola X Phone is Coming This Summer

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Competition for Apple's (NASDAQ: AAPL) iPhone might be about to heat up. Cnet is reporting that Google's (NASDAQ: GOOG) Motorola division will release its "X Phone" this summer.

The phone has been rumored for months now, and has been theorized to be a high end phone that would compete directly with Apple's iPhone 5 and Samsung's Galaxy devices.

Cnet claims that the device will arrive on US major carrier July 8. The phone could be pricey, though. Cnet says the phone would cost $299 including a contact. That would be comparable to Samsung's Galaxy Note 2, but more expensive than Apple's cheapest iPhone 5 model.

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