Popular gadget leaker EVLeaks noted on July 13 that this year that the Nokia Lumia 1020 will reaching its "End of Life" status on September 14. This means that fans might soon receive word of a successor to this popular smartphone from Nokia, now owned by Microsoft.

In fact, Apple has already sent out press invites for the unveiling of a new iPhone next month and it is being speculated that Microsoft may not be far behind in ushering in a new smartphone too.

Meanwhile, the specs of Nokia Lumia 1020 include a 4.5-inch display, a maximum of 64GB storage and an innovative 41MP camera. While the device received critical acclaim for its power snapper when it was unveiled on July 26 last year, now, it appears that the product cycle of the device is nearly over.

Nokia Lumia 1020 has openly been marketed as a camera phone and its unique selling point is the excellent shooting capabilities. However, the remaining features are not as outstanding compared to other smartphones on the market.

The handset measures 5.13 inches x 2.81 inches x 0.41 inches and weighs 158 grams and has a colorful design. Its curvy body seems to have been inspired by the Lumia 920, as well as the smaller Lumia 820.

The 4.5-inch AMOLED display of the smartphone has a resolution of 768 x 1280 pixels having a pixel density of 332 ppi.

In fact, the slim design as well as the bright screen of the Lumia 1020 is similar to the other handsets in the same range, but the feature that Nokia and Windows could have tweaked was the OS. This device runs on the exclusive Windows Phone 8 version called Amber.

The highlight of this handset is the 41 MP primary camera having 7152 x 5368 pixels, Carl Zeiss optics, optical image stabilization, auto/manual focus, Xenon & LED flash. Many critics are saying that the Lumia 1020 shoots even better compared to the HTC One, Apple iPhone 5S and Nokia Lumia 925 with the help of its PureView camera sensor.