The phone that I like to affectionately call the “ridiculous phone” has been found out.  Why do I call it that?  Wait until you see how much this one will cost, if it’s anything like the first model, it will be outrageous. 

It looks like BGR got the deets, and was then able to get the details on the specs for the newest Prada.

Quad-band GSM/EDGE, dual-band HSDPA (850MHz/2100MHz)
950mAh battery
240×400 3.0″ screen
5 megapixel autofocus camera with flash and VGA recording
Bluetooth 2.1
Wi-Fi b,g
Infineon MP-EH + M180 chipset
Motion sensor
FM Radio
104.5 x 54 x 16.8 mm

Now, couple a 5 megapixel camera and the use of the name “Prada” you’ve got yourself a very costly product.  But we’ll see, maybe they want to actually sell a few and it will be priced to compete.