Leaked Lumia 550 rounds out Microsoft's Windows 10 Mobile offerings

When Microsoft’s  Executive Vice President and Chief Marketing Office recently spoke at Citi analyst conference he spoke only of Microsoft’s high end and enterprise handset offerings, saying:

For us in the next couple of years we’re really going to focus on building phones that obviously showcase Windows 10, but we’re going to try to build phones for two audiences.

We’re going to build phones for our Windows fans. …

We’re also going to build phones for businesses….

This left me somewhat concerned about Microsoft’s offering for price-sensitive customers, particularly with no devices having leaked yet.

A new leak however noted by Winfuture.de has revealed a new device, the Lumia 550, which will likely take on the role as the new low-end champion.

The device, leaked by a large Microsoft distributor in Europe, had the following entry:

The handset has a 4.7 inch screen, Snapdragon 210 processor, 1 GB RAM, 8 GB storage, 5 megapixel camera rear and 2 megapixel front camera, LTE, will be available in Black and White, and will retail for around 120 Euro. The resolution could be 960×540 or 1280×720 pixels but has not been specified.

The handset is believed the be the RM-1127 and RM-1128, which has shown up in GFXBench in the past.

Microsoft’s cheaper handsets have never been the most glamorous part of the ecosystem, but has also been the most popular handsets by far. Looking at the specs, do our readers think this would be a worthy flag bearer? Let us know below.