Motorola to bring back upgraded, $1,500 'Razr' phone

Motorola is reaching into its vault to bring back its famous "Razr" cell phone, but it will come with a few upgrades.

The sleek flip phone that debuted back in 2004, will be released as a smartphone, with a foldable screen.

The Wall Street Journal reports the phone will be exclusively sold through Verizon, but you'll need to shell out $1,500 to get it.

It's expected to be released sometime in February.