Wednesday, August 22, 2012

Moto Debuts ‘Droid Razr’; Will It Be An Icon Again?

Motorola’s Droid Razr is billed by the company as the thinnest smartphone running a 4G cellular connection, at 0.28 inches thick.

Motorola Mobility (MMI) this afternoon announced with Verizon Communications (VZ) the Droid Razr, which Moto bills as the thinnest smartphone with “4G” cellular networking capability.

The device features a 4.3″ AMOLED screen, a 1.2 gigahertz dual-core processor, Kevlar elements in the casing, 1 gigabyte of DRAM, an 8-megapixel camera that takes 1080p HD video, as well as a front-facing camera for sub-HD (720p) video capture, and 32 gigabytes of storage split between built-in chips and a microSD card.

The device runs Google‘s (GOOG) Android software. Motorola is being acquired by Google.

Verizon will start selling the device for $299.99 with a two-year contract on October 27th. Rogers Communications of Canada will also offer the phone.

Motorola shares are up 8 cents, or 0.2%, at $38.90. Verizon shares are up 42 cents, or 1%, at $37.36.

The Razr was rather emblematic of the pre-recession world; who can forget then U.S. Treasury Secretary Hank Paulson clutching it during the meltdown of Lehman Bros. et. al.? Will the Droid Razr become as emblematic, or has that ship sailed?

Who could forget Hank Paulson clutching the previous Razr during the financial crisis? It was a symbol of a pre-recession era.

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