Story highlights Pepper, a humanoid robot, designed to be emotionally developed

Robot released to consumers on Saturday and sold out within a minute

It's base price is $1,600, with $200 monthly data and insurance fees

(CNN) Pepper the humanoid robot is so hot that he sold out within a minute, according to his Japanese creator, SoftBank Robotics Corp.

Only 1,000 models were available for the consumer launch on Saturday in Japan. The base price was set at ¥198,000 ($1,600) with an additional ¥24,600 ($200) monthly data and insurance fees.

The world's first emotional robot

'Pepper,' a robot with emotional capabilities hugs a girl at DARPA Robotics Challenge on June 5, 2015.

'Pepper', a robot capable of emotionally evolving and responding to its user's mood sold out in a minute during its consumer release on June 20, 2015.

Standing just under four feet tall, and weighing 61 pounds, Pepper is designed to read emotions as well as recognize tones of voice and facial expressions in order to interact with humans. But most of all, "he tries to make you happy," Kaname Hayashi, Softbank's project manager, told CNN last year.

With his array of cameras, touch sensors, accelerometer and other sensors in his "endocrine-type multi-layer neural network," Pepper has the ability to read your emotions as well as develop his own. He isn't a work robot, but more of an emotional companion for people.

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