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Neowin reports that Microsoft is working on several new phones and three of the lower-end devices have leaked



Microsoft announced earlier this year a shift of how it would produce and sell phones. The company said it would release fewer devices and work to clear up the confusion about having too many variations of the same phone - and thanks to a new leak, we are getting a better look at what the company is going to release later this year.

The specs for three new phones, the Lumia 550, 750 and 850 have all surfaced from what appear to be internal documents. All of these phones are from the low to mid range and unfortunately, we still don't know much about the next flagship, generally referred to as the Lumia 940.
  Microsoft Lumia 550, 750 and 850 specs leak