Dell Smartphone Mentioned?

Did AT&T Mobility’s CEO, Ralph de la Vega, accidentally confirm that Dell is coming up with a smartphone? According to reports online, he was quoted as saying that Dell announced that it would be entering the smartphone market, though he later claims that he was misquoted and claims to not know anything about a Dell smartphone. Do you believe that he knows that there is a Dell smartphone coming, or was he truly misquoted?