Lumia 1040
Photo of Microsoft's new device believed to be the Lumia 1040 uploaded by Evan Blass on his Twitter page.Screenshot from Evan Blass' Twitter Photo

A long lull followed after the Lumia 1030 (regulatory ID: RM-1052) was reportedly scrapped, and almost two years after the Lumia 1020 was released, reports of a new device dubbed as Microsoft Lumia 1040 has surfaced.

Not much is known on the Lumia 1040 but its release should happen this year for the simple reason that pushing to 2016 can disappoint Lumia fans who have been waiting for two years Lumia 1020 successor. There are possibilities of the device being unveiled at the upcoming IFA 2015 in September.

Evan Blass of @evleaks fame has teased a new Microsoft Lumia device believed to be the successor of the Lumia 1020. A blurred image of the device's camera with a big lens has been uploaded on his Twitter page, sparking off speculations that it could be Microsoft's upcoming device, which NokiaPowerUser has dubbed as the Lumia 1040. The camera module seems to have a tri-colored LED flash, according to the website.

It may be mentioned that the Lumia 1020 featured a 41 MP main camera with Carl Zeiss optics, optical image stabilization, auto/manual focus, Xenon & LED flash, and 1.2 MP front snapper. It was rumoured that the Lumia 1030 would boast of a 50 MP camera sensor before reports claimed that it was scrapped. So, gadget lovers will expect the Lumia 1040 to come with at least a 50 MP camera.

The Lumia 1020 sports a 4.5-inch AMOLED capacitive touchscreen with 768 x 1280 pixels (332 ppi pixel density) and protected by Corning Gorilla Glass 3, powered by a Qualcomm Snapdragon S4 Plus processor clocking at 1.5 GHz, and runs on Microsoft Windows Phone 8, upgradeable to 8.1.

The device comes packed with 32/64 GB internal memory, 2 GB RAM, 41 MP main camera, 1.2 MP front camera, and non-removable Li-Ion 2000 mAh battery.