After some time ago Nokia announced that it’s ready to enter the GPS market and here we have their first model, the Nokia 500. Recently approved by the FCC, the Nokia 500 GPS will soon be available in stores. Featuring a 4.3 inch touchscreen, the Nokia 500 is a GPS player which also offers audio, photo, and video playback, plus it allows you to connect to your phone via Bluetooth for hands free calling. View a complete list of its features after the jump.

* Samsung CPU S3C2440A @400 MHz
* Turn-by-turn instructions including street names
* Dynamic navigation via TMC
* Music Player (MP3, WMA, AAC, eAAC+)
* Video Player (MPEG4, 3GP, WMV)
* Photo Viewer (JPEG, BMP, GIF, PNG)
* SiRF StarIII LP GPS Receiver
* 3.5 mm jack for Headphones
* Memory card reader, supporting SDHC (SD cards up to 16 GB)
* Mini-USB Connector