This morning, Microsoft has announced their plans to unveil an affordable handset come November 11th. The device will be the first of its popular Lumia line that ditches the Nokia branding and opts for Microsoft's insignia instead. We don't have any confirmation on technical specs yet although rumors suggest it will offer a 5-inch qHD display, a 1.2GHz processor, 1GB of RAM, 8GB of internal storage and be limited to 3G radios. This might not sound like much, but it seems plausible given the low-budget strategy.
Here's a sneak peek of what the first Nokia-less Lumia will look like via the FCC: