The latest rumors and inside information regarding Microsoft's bid to enter the smartphone market continues to raise questions on what Microsoft has planned, including whether 'Project Pink' refers to a set of mobile services or actual hardware. Those questions remain, but ZDnet's Mary Jo Foley, citing a "trustworthy source," divulges potential details on Microsoft's upcoming smartphone.

According to Foley, the new device will come with an ARM v6+ processor, 256MB of DRAM and 1GB+ of flash memory, a 3.5-inch or bigger WVGA display, multi-touch support, and a battery that's "sufficient to meet Days of Use LTK requirements."

Possible peripherals include GPS, high-speed USB, WiFi, and a 3MP camera, and optional features will include an FM tuner, haptic feedback, SD card slot, and a QWERTY keyboard.

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