Recently, Microsoft has denied all the rumors that have been circulating concerning the release of a smartphone of its own, after many have been speculating with regards to a launch of a smartphone version of the company’s Zune media player this spring.

Rob Sanderson and Mark McKechnie at Broadpoint AmTech issued a report in which, citing industry sources, they revealed that Microsoft was planning to announce a gadget to go head-to-head with Apple Incorporated’s iPhone, Research In Motion’s (RIM) BlackBerry, Google’s Android device and Palm’s Pre.

After word got out, everybody launched in endless speculations about an attempt from Microsoft to enter the smartphone market, for which many even set a date, saying it would coincide with the Mobile World Congress to be held in Barcelona from February 16 to 19.

The speculations began last year, when Microsoft was first rumored to be preparing to launch a smartphone at the Consumer Electronics Show that was held this January in Las Vegas, yet the company did not introduce such a gadget.

Moreover, Microsoft’s own smartphone is said to come fitted with Nvidia's Tegra processor and a telecommunications baseband chip from Qualcomm, Doug Freedman of Broadpoint AmTech stated in a report issued last week.

Nevertheless, Scott Rockfeld, Microsoft's director of Windows Mobile, said that the company had nothing to announce and added that it was not in the process of developing a smartphone.

Microsoft is presently marketing the Zune portable media player, among other gadgets, while it has also developed the Windows Mobile operating system, which it licenses to several phone makers, yet it has not manufactured a smartphone of its own until now.