Microsoft and Apple haven’t always been the best of friends, but apparently Microsoft wants to make some cash off its opposition’s success: It was confirmed today that the company is developing an iPhone application.

YahooNews reports that Microsoft’s acquired company Tellme has plans to release a speech-recognition application by June of 2009. In the past, Tellme has developed similar services for other handsets, including the BlackBerry.

A complaint that a few have expressed about the iPhone is its lack of speech-recognition capabilities. Despite the handset’s versatility, the iPhone can’t recognize voice commands to call a contact or activate a basic function, for example. Tellme would solve part of the problem by enabling voice-activated search for local businesses, among other queries.

No pricing info was released at this article’s writing, but expected to be in the $19.95 area more than likely.