Here's a breakdown of the specs and features of the HTC EVO 4G LTE, the release date of which is set for the second quarter of 2012.

So far the HTC EVO 4G LTE's release date is not set in stone, but it has confirmed that it will be some time in 2012's second quarter. In other words, you should be able to buy the advanced smartphone by the end of June.

In the meantime, the Android phone was unveiled at a preview event Wednesday night, and the specs and features are quite impressive, especially for a phone that will sell for just $199.99.

The HTC EVO 4G LTE is a large device, in keeping with the new trend among smartphones like the Samsung Galaxy Note phablet and the Samsung Galaxy S2, with a 4.7-inch, 1280x720 super LCD screen

The HTC EVO 4G LTE is on the fastest network in the game right now, as it is equipped with 4G LTE, which even the Apple iPhone 4s can not handle.

It has a top-notch 8-megapixel rear-facing cameras and a .3-megapixel front-facing camera, while its camera runs at 1080p. The HTC EVO 4G LTE runs the fully customizable Ice Cream Sandwich operating system, and will be equipped with a nice-sized 2000mAH battery.

The Android Market (now called Google Play) now has 450,000 apps, compared with the Apple App Store's 500,000, and Android devices now even have access to the beloved Instagram app, at long last, meaning that the apps available are a huge draw. 

And, finally, the price point. The HTC EVO 4G LTE only comes in a 16 GB model, though more can be added via microSD, and it costs $199.99.