What is this red Nokia phone all about? According to the Verge, it's not just any old Lumia Windows Phone. It is Nokia's long rumored entry into the Android market.

According to the Verge's Tom Warren, several unnamed sources have claimed that the handset above is being called "Project Normandy". The phone will apparently run Android apps, and will supposedly run a forked version of Android that won't parlay directly with Google Play.

Warren claims that the phone will be cheap too. But will we ever see it? When will we see it? [The Verge and @evleaks]