Latest buzz reveals that Microsoft is set to launch the Lumia 940 by the second half of this summer. What is better is that you can get hands on the Lumia XL, post the release of the 940. The flagships will come loaded with Windows 10 and given that they will be available around September, the wait could get slightly longer than summer! Going by the fact that the Lumia 930 saw a release in July last year, this is not improbable.  

Microsoft Lumia 940 & Lumia 940 XL To Feature Windows 10 And Extravagant CameraWe have deduced that few awesome specs are set to escalate the Lumia 940 and Lumia 940 XL as far as rank on popularity charts is concerned, states PhoneArena.

Expect superb speed thanks to 2.7 GHz Snapdragon 805 processor as the Adreno 420 graphics add more beef to gaming. With 3 GB RAM clubbed with in-built storage of 32, 64 or even 128 GB, it does not get better than the Lumia 940.

The phone is all of 5 inches of 1920×1080 resolution screen iced with Gorilla Glass 4.
You will find WLAN, NFC and USB 3.0 support but the talking point of the Lumia 940 is the 24 MP PureView  with LED flash and support for 4K video with 60fps. Add to this, a 5 MP front shutter and 3250 mAh battery– you already know that it will be a winner.