Sunday, June 15, 2008

The World's Most Expensive Mobile Phones

Forbes has come up with a list of the World’s Most Expensive Cellphones.

You can check out the pictures here. Here are some of the phones featured :

- a $40,000 US diamond encrusted iPhone from London jeweller Amosu
- a $140,000 US luxury Nokia from Austrian designer Peter Aloisson
- a $6,000 US phone soon to be revealed by watchmaker Tag Hauer
- and of course Vertu, whose phones range anywhere from $4,000 to $300,000

These phones are the Rolex version for mobile but I dont think mobile phones will ever be as popular as collectible watches or cars simply because of the pace in mobile technology. The rapid pace of innovation in mobile technology means phones don't appreciate in value the way a Rolex does. There will be a luxury market for high end mobile phones but its very niche and plenty are buying them as Nokia's Vertu had recorded triple-digit growth in 2006 and 2007 and is now in expansion mode, opening more stand-alone boutiques, including its first U.S. shops, in the Wynn Las Vegas and Plaza (New York) hotels.

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