This is not a giant hand, it is a tiny projector. Chait Gear reports about a new tiny Projector announced by Mitsubishi.

The Mitsubishi PocketProjector is one of the world’s smallest LED projectors. The tiny projector weighs 14 ounces. The PocketProjector can project a 20 inch diagonal screen with only a little over a foot of projection distance, and a 40-inch screen image in less than a yard.
Mitsubishi’s new PocketProjector will be available in July 2005 through online retailers and major retail channels at a suggested retail price of $699.
More details and photos on Chait Gear. Buy a Mitsubishi Projector.