As rumored about Nokias third full touch phone is the Nokia 5530 XpressMusic

As rumors have it, Nokia seem to have another full touch phone in store for us - one thats even cheaper than Nokia 5800. The unannounced Nokia 5530 XpressMusic is said to be due for September and will be more compact and wont have a GPS receiver.

A "reliable source" to Daily Mobile claims that the upcoming 5530 XpressMusic is another touch-based device form Nokia. The rumored specs include a 2.9-inch touch display, Wi-Fi, FM radio, 3.2 megapixel snapper, 3.5mm audio jack and 150MB internal storage expandable via microSD slot.

As you can see there is much similarity with the 5800 XpressMusic, but the screen is smaller. There is also no info on GPS or 3G support, but the OS remains Symbian S60 5th Edition.

It seems the 5530 XpressMusic is a smaller sibling of 5800 and hopefully it will be cheaper due to the smaller screen size and missing GPS receiver.