Are you guys looking forward to getting your hands on the ASUS Padfone? The device was spotted at MWC (check out our preview) but unfortunately its pricing has yet to be revealed. However it seems that an online retailer might have gotten ahead of itself and has priced the upcoming ASUS Padfone at a whopping £700, which is about $1,100 when converted. Ouch indeed! Naturally this did not sit well with the masses, but the good news is that the £700 price has since been debunked by ASUS themselves, who release a statement saying:

“ASUS is yet to announce pricing and availability of the ground-breaking and shape-shifting PadFone – anything to the contrary is merely rumours and speculation. We will be announcing details with our carrier partners in due course, so keep an eye out for updates on the official ASUS website and social media pages for more information as and when it is available.”

So there you have it, it looks like that £700 price tag was merely speculation on the retailer’s part, so your wallets and credit cards can rest easy for now. In the mean time, we suggest you take a look at our preview and check back with us at a later date when the official price has been revealed.

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