Microsoft releasing smartphones for under $100?

Microsoft is reportedly at work on a series of Windows Mobile smartphones that will hit retail priced under $100.00. The devices, scheduled to go on sale sometime later this month, would follow on the heels of the budget-priced Windows Mobile 3125, just $50.00 after rebate--Microsoft already said another sub-$100.00 handset would appear in the next month, although specifics remain unknown.

For more on Microsoft's budget smartphones:
- read this CrunchGear article