We're frankly baffled that luxury smartphone maker Vertu is done for

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We're frankly baffled that luxury smartphone maker Vertu is done for

We're frankly baffled that luxury smartphone maker Vertu is done for

Incredibly rich people lacking any sense of style let out a collective gasp today, as news broke that luxury smartphone maker Vertu will be liquidated.*

Despite having a target market of moneyed assholes, of which the world is in ** short supply, the UK-based company apparently struggled to find a customer base for its $46,600 polished 18-carat red gold phones.

We're just as shocked as you are.*

SEE ALSO: Vertu's Luxury Android Smartphone Costs $10,000


And what brought this visionary company down? According to the BBC, that would be an accounting deficit of £128 million (aka the cost of roughly 3,555 Clous de Paris Red Gold Vertu smartphones).* Read more...

More about Smartphones, Vertu, Conspicuous Consumption, Tech, and Consumer Tech

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