Windows-Powered Nokia Lumia 510 Handset Emerges
Unannounced handset expected to cost just $150.
According to a leaked screenshot, Nokia is expected to launch a new Windows Phone smartphone, the Lumia 510.
It's expected to replace the Lumia 610, with the device reportedly featuring a four-inch display, a possible resolution of 800 x 480 and 4GB internal memory. However, the handset apparently carries only 256MB of RAM, which rules out the possibility of it being a Windows Phone 8 device, thus most likely featuring the Windows Phone 7.8 operating system.
The initial price is said to be $150 for the Lumia 510, with a launch likely in China. It's expected that the phone will be available in Chinese markets in time for the holidays, while a global release is expected next year.
Nokia released the Lumia range last year and has an accumulative of six handsets in its portfolio, with several devices available for budget prices.

I don't really see what you're trying to do Nokia
It's not aimed at North American and European markets, it's aimed at emerging Indian and Chinese markets.
This has been going on for decades. When we (in the west) get 386/486 computers, 3rd world counties were still buying NEW Commodore 64s. So yeah, in places on this planet were people make $100 a month (and doing well), something like the L510 is major purchase.
Even MS did this with Windows XP/vista/7 Starter Editions... and why Linux is rather popular in such countries as well. Why pay $25 for a half-ass OS like "Starter" when you get can get a full blown OS for $0?
I really want to see the Win8 phones before I buy new phones to see how well they integrate with my Win 7 network. They may be great or a total bust, but I'm not interested in fighting with iPhones on my Win 7 machines anymore. Besides iPhones are really not that cool since every spoiled 7 year old has one.
There is a reason it is lower priced or free, if they charged more or at all, the take up rate would be zero, Linux is fre but still only on 0.86% of desktop PCs, even steam users outnumber it be 2.5 to 1
I'm kinda glad actually.
Though this phone may change that.
The most successful Nokia phones were the ones free with a 2 year contract.
And Nokia phone has been quite successful in the past.
Many countries have high levels of mirrored virus/traced distros of linux. Going to ubuntu.com is just too hard to get a clean copy.
These phones are terribly overpriced.
The Lumia 700 is to slow to run WP7 properly, so features has been disabled and it's even worse on Lumia 600, the upcoming Lumia 500 will not be much better than the 600 or 700 series, so it will have features disabled and of course it will run WP7 as Elop thinks there is a super market for old generation operating systems with less features than Symbian S40.
The sales of WP devices is devastatingly low, it's not enough you die-hard micrsoft fanboys buy it, the market share is falling daily after the small peak at 3% (It may include the Lumia 801 sold in China which runs on Symbian, as the WP was unsellable in China).
yeah just because your world revolves around the US market doesn't mean everyone else does the same..
your home market is the only one stupid enough where you would rather pay $2000 to $3000 over 2 years rather then a one time $150 to $600...
Indian markets aren't "emerging". They're "emerging" in terms of higher end devices ($500+). I don't know so much about Chinese markets.
BTW we don't have contracts, and pay full. Arguably, in Europe and the USA, if you had to buy a $750+ iphone like we do, you'd probably be as "emerging" as we are.