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LG watch phone to cost $1,500?

A report pegs the high-tech watch's price at 1,000 GBP when it goes on sale from Orange in Europe.

This post was updated at 3:55 p.m. PT with comment from Orange.

LG Watch Phone G910
LG's watch phone could carry a hefty price tag. Nicole Lee/CNET Networks

LG pretty much owned the first day of CES last month when its chief technology officer popped up onstage and casually took a call via the LG watch phone on his wrist.

But those looking forward to owning the touch-screen, 3G-enabled timepiece might have second thoughts when they hear the price. A report from Mobile Today in the U.K. says that exclusive European carrier Orange will be charging 1,000 GBP, the equivalent of about $1,500, when the phone becomes available.

The only thing Orange has confirmed is that it will be the carrier. But company representatives have not yet responded to Tuesday's request for comment on the price. We'll update this story when or if they do.

In the meantime, check out this gallery of pics of the watch, courtesy of CNET Reviews.

Update: Orange says it has not yet released a price and characterized reports of the price as "misleading."