Recently Microsoft's mobile division has unveiled quite a few lower-midrange smartphones, such as the Lumia 640 and 640XL, Lumia 540, and Lumia 430. But the company is reportedly also working on higher-end offerings for the future.
Two of these will be flagships when they launch. Although it's unclear what names they will be sold under, we'll call them Lumia 940 and Lumia 940XL. The former should sport a 5-inch touchscreen, while the latter will be a 5.7-inch phablet.
Otherwise, though, their specs could be almost identical, with a 24-25 MP rear camera, a 5 MP (or higher-res) front snapper, and native pen support. These devices will launch running Windows 10. As that version of the OS supports hexa-core and octa-core CPUs, perhaps such a part will end up being used in the 940 and 940XL.
Today's rumor doesn't have any exact details about their screen resolutions or chipsets, but it does mention that Microsoft is pushing for bleeding-edge specs for these handsets. They may also get some interesting-sounding features such as 3D interaction and iris scanning.
Since Microsoft may push Windows 10 for phones to vendors by the end of Q2, these smartphones may be unveiled in early Q3.
Moving on, there's also said to be a sort of Lumia 830 successor in the works - let's call it 840 for now. This will come with a 13 to 14 MP PureView main camera, a 5 MP front-facing unit, a screen around 5 inches in size, and a better processor compared to the Lumia 830. It will get a similar design to its predecessor though.
Another midranger could be the Lumia 740XL, with a 5.5" or 5.7" display, and similar cameras to the aforementioned Lumia 840 but sans PureView branding. Once again, the name is just tentative, as the source of this information isn't sure exactly what each of these handsets will end up being called.