Get Ready to Spend $2,000 If You Want to Own Samsung's Folding Smartphone

Samsung unveiled a highly anticipated smartphone with a foldable screen in an attempt to break the innovative funk that has beset the smartphones market.But it's far from clear that consumers will embrace a device that retails for almost $2,000, or that it will spark the creative renaissance the smartphone market apparently needs.The Galaxy Fold, announced Wednesday in San Francisco, will sell for $1,980 when it is released April 26.Consumers willing to pay that hefty price will get a device that can unfold like a wallet so it can work like a traditional smartphone with a 4.6 inch screen or morph into something more like a mini-tablet with a 7.3 inch screen.When fully unfolded, the device will be able to simultaneously run three different apps on the screen."Get ready for the dawn of a new era," declared DJ Koh, who oversees Samsung's smartphone division. The new phone, he said, "answers skeptics who said everything has already been done."  Continue reading...