The $2,000 Galaxy Fold from Samsung is a massive risk for anyone who buys it

samsung galaxy fold

  • Samsung unveiled its first foldable smartphone last week, the Galaxy Fold.
  • The Galaxy Fold is the most expensive smartphone Samsung has ever made. It starts at $1,980.
  • The phone features many technological innovations, but carries a lot of risk for customers as well.

Samsung's $2,000 foldable smartphone, the Galaxy Fold, has been turning heads since its unveiling last week.

Foldable phones are the hottest new phone trend in 2019, which isn't too surprising. Before smartphones became mainstream in the late 2000s, foldable "clamshell" phones like the Motorola Razr dominated the marketplace with their compact designs.

The Galaxy Fold hearkens back to that era of flip phones: You can use the Galaxy Fold's 4.7-inch display with one hand, but the phone can open up into a 7.3-inch tablet-like display.

Having a new smartphone design, after over a decade of the same rounded rectangles over and over again, is obviously exciting. But buying the Galaxy Fold when it becomes available in select regions on April 26 is a risky prospect.

Here's why.

SEE ALSO: Samsung says you won't be able to walk into any store and try its new $2,000 foldable phone

DON'T MISS: Here's everything Samsung announced at its big Galaxy S10 event

The Galaxy Fold is not a small investment. At $1,980 to start, it's two to three times the price of a normal smartphone.



Smartphones are already extraordinarily expensive right now, and that's mainly due to the one-upsmanship between Apple, Samsung, and other tech giants to make the best phones each year. It's a yearly competition that's gotten more intense since the $1,000 iPhone X was unveiled in 2017.



Not only is the Galaxy Fold a lot of money up front for a smartphone — but repairs could turn out to be just as costly.



See the rest of the story at Business Insider


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