Here’s what we know so far.  Fact: Google  will make another self-branded mobile phone and the Apple iPhone 4G will be announced or unveiled some time soon.

Right now, the most of the rumors and reports point to Motorola being Google’s partner in creating the next Nexus phone. With Motorola currently running the Shadow project, many are pointing at this device as the most plausible candidate for Nexus Two.

It has already been reported that the next Android phone from Google would be a business oriented device that has a physical keyboard. Form-wise, the Shadow fits nicely. The smart phone looks like a streamlined version of the Motorola Milestone (or DROID in the US) complete with a full slide out QWERTY keyboard. With Motorola’s good history with Google, it would not be surprising to see them make the next Google phone.

Motorola ShadowOf course, there is a lot riding on the Nexus Two. The device will not only have to be a great mobile phone, but it would have to redeem the failures of the Nexus One. Until now, the N One is suffering from low sales and 3G connection problems. While Google has confirmed that a fix is underway, it will still be about two…