According to Mimbee.tv, the Microsoft ZuneX just may be the rumored phone / portable gaming system. Specifications include: a 4-inch (640 x 363) display, an Intel LV Atom DualCore 733MHz processor, 128MB of RAM, and 32GB Flash memory. Click here for first picture in gallery.
It’s still solidly in rumor territory and will probably stay that way until at least E3. If we had to judge from the specs, it’s slightly too good to be true.