The Vertu/Xelibri market
The Economist asks, "Is there really a market for a $20,000 mobile phone?" Vertu, the "world's most expensive cell phone" (reportedly a favorite of Madonna and Gwyneth Paltrow), has platinum, ruby and sapphire components and literally turns technology into fashion. (No, it can't do anything particularly spectacularunless you count speed-dialing the exclusive concierge service that comes with the calling plan. It's cost-prohibitive for the little people and that's all that matters.) Siemens is introducing a similar line. The Xelibris (right) "are fashion accessories that make phone calls," and will be sold in department stores and fashion retailers.
The world's most expensive cell phone [Gizmodo]
The origins of Vertu [Economist via BoingBoing]
Siemens unveils Xelibri fashion phones [Infosync via BoingBoing]