Jefferies & Co. analyst Katherine Egbert today claimed in an investment note that Microsoft is on the verge of showing its own. The researcher's checks within the industry would have a "Zune-like phone" due within the next two months and is likely to show at a major event, either at Mobile World Congress in February or the CTIA spring show in March. It would actually be manufactured by another company, similar to the rebranding behind the HTC-made Google Nexus One, and would have 720p playback, a 5-megapixel camera and a music store.