Nokia's just announced the upcoming release of its first smartphone with a seriously awesome camera. The N86 has an impressive 8 MP shooter with a wide angle lens. It's not too scrappy in the hardware department either. A 2.6” AMOLED screen, 8 GB of internal memory, quad-band GSM/GPRS/EDGE plus tri-band UMTS, WiFi, and aGPS make the N86 nothing to scoff at.

We don't have an exact date yet, but it's safe to say we'll see this new smartphone hit Nokia flagship stores and their online store within the next couple of weeks. Expect to see a release between the end of July and the end of August.

If the N86 looks like the mobile for you, I suggest you start saving your pennies now. An unlocked brand new N86 is going to run you about $558 stateside. That's a pretty wince-inducing price, but you're getting a lot of phone for your money.