There are some speculation online that RED could announce a new modular camera system with cellphone functionality on July 6th. This is what RED's CEO James Jannard said:
“July 6th. 9am PST. Right here. You need to be online. You need to tell everyone you know to be online. Have your credit card ready. This is a new product category. It does not impact your RED camera.”
There is an interesting new patent for a "multi-layer handheld electronic device":
Another patent application describes a modular digital camera system with cellphone functionality: