You may not think of Fashion Week as the best place to announce a new phone, but Acer sure does. The company just showed off its CloudMobile phone—not to be confused with its AcerCloud service—in Milan. Packing a 4.3", 720p display, a dual-core 1.5 GHz processor, NFC and Ice Cream Sandwich, the device actually doesn't look too bad on paper.
Unfortunately, "on paper" is the most reliable information we can get right now. As you'll notice in the photo above, the device still has four capacitive buttons in addition to three on-screen buttons. Either this phone was designed with Gingerbread in mind and got an ICS update mid-development, or Acer believes they can make the seven-button-suit look happen.