Samsung officially unveiled the Galaxy S5 mini today, it’s latest attempt to cash in on the success of its newest Galaxy S flagship. As is usual with official announcements, no pricing for the device was mentioned, so we did a little digging to find out. According to our source, the Galaxy S5 mini will have a suggested retail price of €479, which comes to around $650. That’s quite high, something we were expecting, but keep in mind that suggested retail prices can always change when a device actually becomes available for purchase, though we’re guessing the Galaxy S5 mini won’t be the most affordable mini smartphone around, at least in the initial few weeks after launch.

The Galaxy S5 mini sports a 4.5-inch HD Super AMOLED display, a quad-core 1.4GHz processor, 1.5GB of RAM, an 8-megapixel rear camera, 2.1-megapixel front-facing camera, 16GB of internal storage and a microSD slot, fingerprint and heart rate sensors, and a 2,100 mAh battery. It runs Android 4.4 KitKat with the latest iteration of Samsung’s TouchWiz UX, with features such as Ultra Power Saving Mode and Kids Mode, and will go on sale from early July.