Rumors concerning the HTC Leo have been floating around for a while, and now thanks to the ai.rs blog, we we may just have our first glimpse of the upcoming Windows Phone.

The HTC Leo, according to the same blog, will be powered by a Qualcomm MSM8250 1GHz Snapdragon CPU and Windows Mobile 6.5, have a 5MP digital camera, a 4.3-inch capacitive touchscreen, Wi-Fi, Bluetooth, a standard 3.5mm audio jack, a microSDHC flash memory card slot, 512MB of flash storage and GPS.

This image looks to be a rendering rather than an actual product photo, but HTC often releases its first product images in this way.  Of course, without official confirmation, this image and all of the details surrounding the Leo should be treated as rumor.

The ai.rs blog suggests this model will be released somewhere in the world by October; perhaps, but we figure such a device won’t make an appearance until (at least) early 2010 – hope we’re wrong.