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Microsoft has released a plethora of mid-range devices like Lumia 640, Lumia 640 XL, Lumia 540, Lumia 532, Lumia 430, and Lumia 435 over the last few months but its flagship device is overdue. Now, reports are doing the rounds that the company is planning to launch the Lumia 940 soon.

There were conflicting reports on the release date of Microsoft Lumia 940 with some claiming that it would come later this year, while a section of the media claimed that it could come as early as 29 April. But with April unveiling not coming true, the device could well see the light of day a few months from now, perhaps in the fourth quarter of this year.

Microsoft is super secretive about its upcoming flagship device until now but several reports have leaked its key features. According to WinFuture (via GSMArena), the Lumia 940 will have the design of Lumia 830 with an aluminum frame and polycarbonate back. It went on to claim that the device will house a 3,000mAh battery, and sport a 5.2-inch QHD screen with 1,440 x 2,560px, while the Lumia 940 XL version may sport a 5.7-inch screen with 3,300mAh battery. 

The report went on to claim that both the Microsoft Lumia 940 and XL variants will house a 20MP PureView camera and 5MP front snapper, and come packed with 32GB internal storage and 3GB RAM. However, the Lumia 940 could be powered by Snapdragon 808, and the XL model by a Snapdragon 810 processor.

It may be mentioned that NokiaPowerUser (via VMPowerUser) had earlier leaked some features of the device.

"Lumia 940 may sport a 5.2 inch while Lumia 940 XL may have a 5.7 inch display. We hear that the rear camera sensor may swell to 24-25 MP from current 20 MP on Lumia 930. They will certainly feature a 5 MP or even higher MP FFC. We also hear some cool features like 3D-interaction, Iris scanner and native Pen support as part of the package," reported the website.