They are killing (have killed) "Windows Phone" and promoted "Windows 10 Mobile" in its place.
They have been talking about an ARM based Windows 10 version that would run a "mobile device that includes telephony", but "will not look anything like a smart phone". They are hinting that there will be such a hardware device from Microsoft, but they aren't called it a Surface Phone or anything similar. In fact they aren't calling it anything at all. Some pundits have suggested it may be called "Windows 10 Mini", or something like that. But that is all just hot air. Nothing real from Microsoft.
Regardless, running Windows 10 desktop or tablet Apps on a small device isn't going to help with the dearth of useful mobile Apps on the Windows 10 Mobile platform now. Being a Windows 10 Mobile user, and not a very demanding one in terms of Apps I use, I can state categorically that any Windows mobile platform is now dead.
My recent example; I wanted a good Windows 10 Mobile Shopping List App. I looked at them all. They are rubbish. All of them. There are quite a few. They have almost all been abandoned. Some have Windows 10 Desktop versions, which are even worse. I think children programed most of them. Or at least people that have never been shopping at a grocery store. Or written a program before. Some people claim they can run Android Apps on Windows 10 Mobile, yeah no, they can run, if you do all sorts of stupid things to your phone and risk loosing it all, including your identity, except you won't get any network, sound, Bluetooth, etc. functionality.
I started researching installing Android on my Lumia 650. Many people claim it can be done, quite easily. All of the sites those people link to are scams. It shows that there must be a lot of people desperate to get Android onto Lumia phones, if it is worthwhile setting up multiple scam sites.
Microsoft's mobile/portable/telephony strategy has failed, and when everyone realises, Android will start to appear on desktops. So to shall Microsoft fail, except perhaps in the business sector. Initially as an OS, then later and a service company, until finally it shall "merge" (be taken over, bought out, subsumed) by some larger services company.
Yeah, I'm pretty pissed off with Microsoft.