Microsoft hasn’t released a flagship smartphone yet, despite having acquired Nokia’s handset division more than a year ago. This is most likely because the company was waiting for Windows 10 to launch, but the operating system has been out for a few weeks now and we still don’t have anything official regarding Microsoft’s upcoming flagship. We do have a few rumors, however, which claim that the company will be announcing its flagship Lumia 940 and Lumia 940 XL at an event in New York City in a couple of months.