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The event will take place at the NYC Microsoft Technology Center from 3:00-4:30 p.m. Eastern. Attendees will receive an "insider's look" at Windows Phone 7, as well as a hands on "exclusive showing of T-Mobile powered Windows Phone 7 devices."
Microsoft realizes that the stakes for Windows Phone 7 are high. Documents filed with the SEC revealed that the "loss of market share in the company's mobile phone business" had affected Steve Ballmer's end of year performance bonus.
The Redmond, Wash., company plans to make a big push to counter gains in the mobile market made by the iPhone and Android. Analysts expect Microsoft to spend as much as $500 million to market the launch of Windows Phone 7.