One little part that it lacks a front facing camera is what makes it unbelievable for me...that would mean no Windows Hello...a feature I wouldn't expect Microsoft to strip out of a phone, even a specialty phone like the 1020 replacement.
I have a Surface Phone prototype on m y desk right now. I can travel past event horizons with it. Oh wait those don't exist anymore. Wait they do...
Right, a bunch of clickbait filled sites that trace back to a page unrelated to any 1050 (if you keep clicking through source links, you'll get to a page for the 1520) has some secret scoop on a nonsensical device. (128GB? No FFC? Variable aperture and a zoom lens?!)
But it's on the internet so it MUST be true!
here is another source
Microsoft Lumia 1050 release date in February 2016? | Christian News on Christian Today[/url]
Although if these rumors are true, I can not digest why MS would want to kill a FFC in such a premium device. Now they have it even at entry level phones! Apart from that everything seems just about right. S820 will be there in the market by Q2 2016, 128 GB internal storage with optional SD card is a must for such huge pictures, and 50 MP with adjustable aperture and zoom lens will be real icing on the cake. I don't know about phones, but it will eat into a lot of digital cameras market for sure