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Computerworld posted a story that Windows Phone 8 will share core code with Windows 8, and will add support for mobile wallet and NFC when WP8 arrives in the fall.



Microsoft unveiled Windows Phone 8 on Wednesday, confirming the mobile operating system will share core code with Windows 8, and will add support for mobile wallet and Near Field Communications when WP8 is released in the fall.

"The biggest thing today is that Windows Phone 8 has a shared common core with Windows 8," said Windows Phone Manager Joe Belfiore at the Windows Phone Summit in San Francisco, which was webcast. "For us, this is a huge release and a huge year."
  Microsoft says Windows Phone 8 to share core with Windows 8