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Sprint announces $20 smartphone, the ZTE Fury

The ZTE Fury is an Android Gingerbread device running on Sprint's 3G network and is loaded with a Snapdragon processor.

The new ZTE Fury by Sprint will be available March 11. ZTE

These days, you can't get much for 20 bucks.

The pair of jeans I bought yesterday cost more than that, and I'm pretty sure the ol' Jackson barely gives me enough gas to drive to my aunt's house, who lives two blocks away from me.

For $20, however, you can get a hold of Sprint's newest 3G smartphone, the ZTE Fury--the very device CNET's Scott Webster anticipated yesterday. But that's only after you sign a two-year contract and send in a $50 rebate, of course.

Aside from sounding like it needs to take an Adderall, the ZTE Fury is powered by a 1GHz Qualcomm Snapdragon processor and is capable of holding up to 4GB of internal memory.

There's room to add up to 32GB of memory as well, and the device has hot-spot capabilities that let up to five Wi-Fi devices share a network connection.

It runs on Android Gingerbread, has a 3.5-inch capacitive display, and a 1500 mAh battery inside. The handset also has a 5-megapixel camera with LED flash.

The phone will be available starting March 11 and as previously noted, will set your wallet back $20. Which, it so happens, is how much my wallet cost anyway.