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According to Timo Ronkainen, Managing Director TradeDoubler_FI, Stephen Elop is carrying around a Windows phone 7 prototype, which is apparently working pretty well, and looks a lot like the concepts the company released at their announcement.
Most people expect the company not to be very far along in the development of their Windows phone 7 handsets, but we have heard earlier from Eldar Murtazin that there are already prototypes in the wild, and now it seems even the now CEO is flashing it around. Maybe that fall target is much more realistic than we think.