New pricey phone — LG and Prada launch the unaffordable phone — These phones are going to start pouring out of the LG, Samsung, Moto and Nokia factories. This one costs 600 Euros which would have been around $480 before the decline of the dollar — now it would cost more than $750 here. Needless to say they will not be rolling it out in the USA anytime soon. We’re becoming a poor nation that cannot afford such imported luxuries. We’ll buy some cheap Chinese item when it appears on the market.

LG let it slip out last month that it was working on a high-end fashion phone with Prada but today has gone ahead and officially announced the PRADA Phone by LG. As expected it is a stylish device and actually looks a great deal like the upcoming Apple iPhone. Like the iPhone, there is no physical keyboard on the Prada phone. It instead relies on a touchscreen powered software keyboard.

Features of the Prada phone by LG include:

* Tri-band GSM plus EDGE
* 2 megapixel camera
* Bluetooth
* Music and video player
* Just 12mm thick
* microSD card slot