The HP Elite Folio is a long-lasting, quiet laptop/tablet combo, but it offers a middling performance for a high price.

The primary reason the Elite Folio is able to command that premium price tag is its design. The entire chassis is wrapped in leather (vegan leather, per HP, so technically polyurethane), which will make you look like you’re carrying around a fancy notebook. It’s 2.9 pounds, but it feels lighter than it is to me, maybe because the leather cover makes it so comfortable to carry. The keyboard deck is a dark onyx color (matching the leather cover) with a nice, smooth texture; it’s not a fingerprint magnet, which black computers (even at this price point) often are. An included stylus lives in a silo below the chin, which charges when it’s not in use.

The HP Elite Folio looks fantastic thanks to its vegan leather shell, and it impresses in other departments: its keyboard and battery life are both superb, its display is accurate and expansive, and it’s got all of that convertible movement. In too many areas, though, it doesn’t stack up. The ARM-based internals are fine for normal work, but faster rivals are easy to find. The screen is beaten elsewhere, HP’s machine is thicker and heavier than several competitors, and it has a meagre feature set. This laptop looks the part, but it doesn’t have the function to match its form. Unless you want a laptop with more style than substance, you’d be better off elsewhere.

The HP Elite Folio is the world’s first business convertible with a pull-forward display, but app incompatibility may be a turn off for prospective buyers.

HP Elite Folio is a significant step forward for always-connected ARM-powered laptops. With an excellent display, keyboard, and superior 2-in-1 design, the Elite Folio is perfect for those who need light computing and an all-day battery. Just be wary of the high price.