Jha was speaking at the Executives Club of Chicago, and let loose several whoppers. First, the company plans to bring between two and four handsets with video calling to market by the end the year. Earlier this week, Apple CEO Steve Jobs introduced iPhone 4, and its hallmark feature is video calling. Jha didn't say when the devices would become available, but Jha has previously said that it is launching to more Droid-branded devices with Verizon Wireless some time in June or July. "We will introduce new Droid products in the Verizon franchise," he noted. It is possible these could be the same handsets.

Video calling allows two mobile phone users to share a live, two-way video feed of one another, generally through the use of secondary, user-facing cameras. The recently released HTC EVO 4G has this feature (using software from Qik), as will the iPhone 4 when it goes on sale June 24.

That's not all Jha flapped his lips about. Jha also noted that it will be bringing an Android handset to market with a 2GHz processor on board. Jha didn't share more information about this device, but another Motorola executive indicated (off the record) that it will have every smartphone feature, and every smartphone technology possible crammed inside. Many of today's high-end smartphones are powered by 1GHz chips, many of them from Qualcomm. Jha didn't say which company is providing the 2GHz chip, but it likely also comes from Qualcomm.

Last, despite the competition, Jha noted that the Motorola Droid is still selling very well through Verizon Wireless. "(Droid) sales are going extremely well. If I could build more I'd sell more," Jha said. Motorola is suffering from the same supply chain issues that are hurting several other companies in the mobile space.