Anyone working at Nokia will tell you that they misinterpreted the advent of smartphones and their popularity. They will also tell you they are doing something about it. After numerous leaks, intentional and unintentional, that "something" is finally here. Headlined at today's Nokia World, the mobile device giant's annual event, Nokia introduced the Nokia Lumia 800, the company's new flagship model. The first Windows Phone-based Nokia product, the Lumia's form factor exudes a fun-centric design. In vibrant colors of black, magenta, and cyan, the Lumia 800 seamlessly organize social network, Internet, and others into the easy to use "live blocks" format of Windows Phone OS. Users can navigate with ease on the phone's 3.7-inch ClearBlack AMOLED curved touch-screen display. Moments in life can be capture with a 8-megapixel camera, f/2.2 Carl Zeiss optics, which will render HD video playback as well. Powered by 1.4GHz Qualcomm MSM8255 CPU, the Nokia Lumia 800 operates in quad-band GSM environment in addition HSDPA protocol. Priced at â‚¬420 EU, or $585 US, the Lumia 800 will be available in Europe next month follow by parts of Asia by year end.