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Motorola prepping "last stand" 8 megapixel phone?

While our homeboy Boy Genius may not be quite as well-known for his Moto scoopage as he is for his streak of RIM leaks, we're totally intrigued by his report today that Moto is working on an 8 megapixel phone code named "Alexander" that's being internally described as the company's "last stand." The unit is said to feature an NVIDIA-sourced chipset for video and 3G graphics (Tegra, perhaps?), an integrated GPS chip, and "probably" running "UIQ 4.0 or higher." It's not confirmed whether it'll have a touchscreen or what the final form factor will be, but release is set for October, and BGR says that if it's a flop the Moto brass will give up and sell the company off. That's a lot of pressure -- but with Moto's struggles lately, we can't say there's much to lose by betting the company.