Would you pay $1,195 for cellphone made by Oakley’s founder?

Jim Jannard, the entrepreneur who reshaped the sunglass business with Oakley and the movie camera world with RED, now plans to take on the smartphone industry.
Irvine-based RED is taking pre-orders for an Android-based phone that it says will revolutionize the user experience. The device somehow manages to produce imagery in various formats — from traditional two-dimension views to cutting-edge virtual reality and holographic content — as well as state-of-the-art sound.
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