Prada and LG Electronics unveils their first touch screen mobile phone. The Prada phone looks similar to apple’s iPhone. It also shares similar specifications. Prada phone plays Mp3 files and Mpeg4 video files. They are almost the same size, but the iPhone is 0.4 mm thiner than the Prada phone. In addition, iPhone comes in two models 4GB & 8GB, while Prada phone comes includes an external memory slot (Micro SD).