Giorgio Armani Galaxy S phone costs $947

Posted by Mike Luttrell

It takes a special kind of person to want to own a $1,000 cell phone just because it has the words "Giorgio Armani" emblazoned on it. But apparently those customers are out there, as the high-end fashion label has just come forth with its own Android phone powered by Samsung's Galaxy S platform.

The device expands on Samsung's existing partnership with Giorgio Armani to provide high-priced designer electronics to those who want it.

Under the hood, the new phone is nothing special. Its specs look like a typical Galaxy S device. The main differences are the Giorgio Armani logo on the device, the slick form factor, and a special Armani app pre-installed.

It can record 720p HD video, has a 4-inch display, and a 5-megapixel camera.  With a 1 GHz processor, a "Social Hub" for Facebook and Twitter, and 16 GB of built-in memory, you're not paying for technology. You're paying for Armani.

For right now, this phone is going exclusively to our rich friends in Europe for 700 euros ($947). It'll launch there later this year. We're not sure yet if Giorgio wants to bring the $1,000 pocket gadget to the states. He may think we're just a bunch of penny-pinchers.