On Wednesday, Sept. 5, Microsoft and Nokia will finally reveal the devices the latter, and possibly more third parties, are working on for Windows Phone 8. Reports suggest this is the final chance for Nokia to succeed. So what do the experts think?

Ben Wood, research chief at CCS Insight, spoke to the BBC and said Nokia CEO Stephen Elop needs to deliver on avoiding the problems described in his leaked "burning platform" memo. Wood questioned whether there is room for Nokia in the market, perhaps referring to the dominance of Apple and Google.

There is also the perception of Windows being PC software and not for smartphones, Wood added. Microsoft is keen to emphasize Windows Phone 8 as an intuitive operating system with the tile-based Modern UI. The user interface is also used in Windows 8, releasing October.

Deputy Editor of Amataur Photography Matt Gallagher praised Nokia's PureView camera, perhaps to be implemented in a new phone, though he said the process of taking an image and uploading needs to be as quick as possible.

Colin Gills, a technology analyst at BGC Partners, does not see Microsoft acquiring Nokia. Gillis explained: Microsoft is not completely committed to building its own hardware, and Microsoft traditionally uses multiple partners to provide devices. It may also alienate partners, an effect seen with the introduction of Microsoft's Surface tablets.

Windows Phone 8 is in third place according to recent data, edging RIM and its BlackBerry OS. However, Microsoft is still way behind Apple and Google's iOS and Android operating systems respectively; recent data revealed iOS sees over 700 apps submitted per day, while Android sees over 600.

Nokia is expected to unveil two Windows Phone devices, and its images have already leaked online. Nokia may also build a third device, dubbed "Hero," that runs Windows Phone 7.8 and bears resemblance to the Nokia Lumia 800 and 900. Windows Phone 7.8 brings the new start screen to Windows Phone 7 devices, though it is the only feature to come from Windows Phone 8 due to the new Windows NT Kernel.

The Microsoft-Nokia conference takes place on Wednesday in New York City and Mobilenapps.com will be covering the event as it happens.