While the Lumia 1330 is not a flagship device, it is interesting to see where Microsoft is taking their line of phones. This device is pretty 2012 in terms of processing power, but we've seen before that the Windows Mobile OS is pretty efficient and runs like a champ. This certainly won't be the fastest phone on the market but with the Lumia 635 available for ~$50, it is very interesting how these new phones will be priced when powered by older hardware. It could be the rise of the $100 phone and I think that people are getting tired of paying $800 for a new device. It just might work for Microsoft.
The listing also confirms a 5 MP Selfie camera, Adreno 305 GPU, Snapdragon 400 CPU (Quad-core, ARMv7) and a 720p resolution 5.7-inch display. It will have 1 GB RAM and don’t get confused by that 0.38 GB RAM shown in screenshot. That indicates available free RAM and if you have used GFXBench app on your Windows Phone you will know it. Click here to see how, Lumia 1020 RAM is shown as 825 MB by GFXBench.