Armani have teamed up with Samsung to release another “haute couture” phone, this time it is a smartphone using the Windows Mobile operating system.

It’s one of the first phones available with the Windows Mobile 6.5 operating system, which will lead the way to a new generation of mobile applications.

The phone was released by none other than Steve Ballmer who felt, the phone was “the most fashionable phone he’s ever had a chance to talk about.”

The new phone is only known as the Samsung Armani phone as Samsung hasn’t given it a specific name.

The Armani Smartphone features a Active Matrix Organic LED display giving excellent resolution with minimal energy usage.

The phone has a full keyboard which slides out from under the screen, a five megapixel camera and a gold plated bezel.

List of other specs include Microsoft Windows Mobile 6.5, .2Mbps HSDPA, WiFi access, Bluetooth, FM Radio, TV-Out, GPS navigation.

It also comes with 8GB of internal memory that can be expanded up to 32GB.

Like anything Armani, the phone doesn’t come cheap: SIM-free it’s expected to be priced at around €700 ($1,031).

There is no word as to when the phone is expected to be released worldwide.