Nokia has just officially launched the 5250, their latest entry level touchscreen phone.

Nokia 5250

It sports a 2.8-inch 640x360 resolution display, 2-megapixel camera, GSM/EDGE connectivity, and provides access to the Ovi Store for easy downloading of apps. It only comes with 51Mb of built-in memory, but this is where its microSD card slot comes in handy since it supports up to 16GB of additional storage. There’s also a music player on the home screen for audiophiles as well as shortcut keys to social networking sites such as Facebook and MySpace. Depending where you live, the Nokia 5250 will also come bundled with their new unlimited music download service aptly called Ovi Music Unlimited. Battery life is rated to last up to 18 days in standby/up to 7 hours of talktime, or if you opt to use it simply as a music player, it can reportedly last up to 24 hours of continuous use.

The Nokia 5250 is scheduled to ship out in Q4 with a price tag of just €115 or $145 before tax and subsidies which basically it could drop well below the $100 mark if and when a carrier decides to pick this one up and include it as part of their line-up. Its specs are pretty mediocre, in my opinion, but with such a low retail price, this might actually end up as a top seller in some regions.