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Is this Nokia's first Windows Phone handset?

Nokia's first Windows Phone 7.5 device might be called the Nokia 703.

Is this - the Nokia 703 - Nokia's first Windows Phone handset?

Here is a 'leaked' image coming in via WMPowerusers.com:

Are your eyes good enough to read that text on the front? LiveSide has done its best to decipher the text:

  • Size: 112 x 60.8 x 12.3 mm, 114 g
  • Display: LCD 480×800 pixels, 3.7 inches
  • Camera: 5 MP 2552 x 1964 pixels, autofocus, 720p, 30 fps
  • Memory: 8 GB storage, 512 MB RAM
  • General: 27(?) November

This handset looks very similar to the 'Sea Ray' handset that appeared back in June.

Is it me, or does that look like an old iPod nano?