Nokia has got a pair of new Windows Phone devices to offer budget-conscious shoppers, the Lumia 720 (above) and Lumia 520 (below). Yes, both are going to be available in a wide array of Lumia colors. The new models continue Nokia’s charge to snag first-time smartphone buyers and boost sales in emerging markets, as well as to secure the company’s existing market share in regions where it retains a strong market presence.They’re more akin to the humble Lumia 620 and 710 than they are to the flagship Lumia 920. As you’d guess from the numbering, the 720 is the mid-range offering in this new tandem. Nokia has opted for a dual-core 1GHz Qualcomm Snapdragon processor, half a gig of RAM, and 8GB of internal storage with a micro SD expansion. The rear-facing camera features a 6.7MP sensor, and a front-facing camera sits atop the 4.3-inch 800×480 touchscreen display. The included 2000mAh battery is good for an estimated 13.4 hours of talk time.Though it’s a lower-end affair, the Lumia 520 also features a 1GHz Snapdragon S4 processor. It’s teamed up with the same 512MB of memory, 8GB of SD-expandable built-in storage, and a 5MP rear-facing camera (without an LED flash). No front-facing camera here. The Lumia 520 sports a slightly smaller 4-inch display, though it maintains the 800×480 resolution. It’s fairly light at 124g, and it’s not overly thick. The Lumia 520 measures 9.9MM from front to back — just slightly more than the iPhone 4.Both the Lumia 720 and 520 support CDMA, GSM, and HSPA networks — and the 720 also offers dual micro-SIM slots. While Nokia decided to skip NFC on the Lumia 520, the Lumia 720 is fully equipped to handle all those tap-to-pay transactions.Nokia is pitching both the 720 and 520 as affordable, fun ways to enjoy Windows Phone 8, and the bold colors and rock-bottom price tags will certainly garner plenty of looks from budget-minded shoppers. The 520 is expected to sell for under $200 when it starts shipping next month, while the 720 will sell for about $130 more.