Microsoft is planning a launch party for Windows Phone 7 on October 11, or next Monday.

The event will be held at Microsoft’s Technology Center in New York City and the outfit will also organize a raffle for the attending press. We’re not sure about the prizes, but there’s probably plenty of Kins to go around yet.

The launch will help make things quite a bit more interesting in the smartphone market. Android has been gathering pace over the past year or so, while Microsoft had nothing to fight it with. In addition, Microsoft Phone 7 could very well be the last nail in the Symbian coffin.