If you've been using smartphones since the early 2000s, you may remember the iconic Motorola RAZR and how it took over the world. 

The slick flip phone was probably the hottest looking smartphone that everyone owned. It was a marvel when it came to the aesthetics, however, the hinges kept breaking easily. 

It was the first phone that generated a “craze” among the consumers and now, it seems like it will be making a comeback. According to Wall Street Journal's sources, the new phone is expected to launch soon. Photo: © YouTube (Main Image)

© YouTube

Lenovo, the company that also owns Motorola, is now looking to revive the nostalgic phone, however, there is some rather bad news if you thought you could get it easily. 

Rumours suggest that the Motorola RAZR will launch in partnership with U.S. Carrier 'Verizon'. However, that's not the disappointing development, it's the staggering price. 

The price tag that Lenovo will ask for this piece of nostalgia is a mind-numbing $1500 (Rs 1,06,990). That's a hefty price tag for a piece of nostalgia if you ask me. 

It seems like that this price tag will obviously not result in good sales numbers. 

© Motorola

Apart from the fact that this is a folding phone, there's no news about its specifications, design or anything else. 

We could speculate that a phone that folds, better have two screens or great specifications that would make it worthy of paying that hefty price tag. There's a good chance that it might a fully foldable phone which could justify its high price tag. 

As of now, this particular Motorola RAZR phone is just a part of a rumour which should be taken with a pinch of salt. Who knows what the device will look like and what specifications it has to offer. 

For now, we just hope it's a real device and delivers the same spectacular device as its older counterpart. 

Source: Wall Street Journal