Microsoft has launched its most affordable Lumia smartphone i.e Microsoft Lumia 550 for $139 running Windows 10 out of the box. The device goes on sale in select European markets on Monday and will be available to buy in other markets in the coming weeks.

Lumia 550 sports a 4.7-inch HD display and is powered by a 1.1 GHz quad-core Qualcomm Snapdragon 210 processor supported by 1 GB of RAM.

In terms of storage, it comes with  8 GB internal storage along with support for expandable memory up to 200 GB with microSD card.

It comes with 5 MP auto focus rear camera with LED flash with f/2.4 aperture, 720p video recording and 2 MP front-facing camera, with f/2.8 aperture, 480p video recording.

The device is powered by Windows 10 operating system and comes with apps such as Microsoft Office (Word, Excel, PowerPoint), Cortana , OneDrive, Outlook Mail, Outlook Calendar, and Skype.

It comes with 4G LTE support & also supports dual nano SIM in the Lumia 550 Dual SIM variant. In terms of dimensions, it is 136.1 mm x 67.8 mm x 9.9 mm and weighs 141.9 grams.

It is powered by 2100mAh removable battery.