Microsoft would be launching much awaited Windows Phone 7 in the next two-three months. According to reports "Microsoft Australia will be holding a launch event for Windows Phone 7 in late August, and presumably other Microsoft subsidiaries will be holding events at the same time."
What we can tell you is that WP7 information, product shots, FCC/Wi-Fi/SIG filings are appearing all over the place. Here's a ASUS Windows Phone 7 device.
Unlike the LG Panther and Samsung Taylor devices "only intended" to be development devices for WinP7, this ASUS device looks like it could be a production prototype device that's being field tested. The image shows a front-facing camera, or perhaps a light sensor."
[Source | Neowin]