Vertu chooses Android over Windows for luxury handset
bbc.co.uk
bbc.co.uk
Regarding the OS choice, they are right about market share which is why they were on Symbian and are now on android. Only time will tell where they end up.
So while you know the term conspicuous consumption, you doubt that it actually exists?
I'm sure you know why you wouldn't pay, and I think it is obvious why others will.
I'm just trying to find out if the original comment was meant to say "I'm disgusted by luxury items"
If you're the target market for this phone you don't care much about the functionality, what you care about is that other people can see that you have so much money that you can carelessly throw around your phone that costs more than many people make in a month. It's all about perception.
Note that an important factor is that your peers have to know that the phone is prohibitively expensive. If they don't the point is lost. This is also why superyachts are so popular among the ultrarich. Everyone knows that they are crazy expensive to buy and maintain, and so they know you have the money to do so.
Douglas Adams has an unparalleled quote about the psychology behind it - "No expense had been spared to give the impression that no expense had been spared" This is also the only instance I've ever seen of recursion being used in fiction :-)
Hah! Try a year/ten years. Hell, most Greeks make less than 8k/yr, and have for quite a while.
I doubt they even make good bribes, as compared to other things you get for the price they're hard to show off, don't hold value over time, and are too easily traced.
Indeed, especially so if the culture around them promotes this type of anxiety. You'd be surprised by how many people living in big cities of the former Soviet Union purchase used Vertu phones or outright two-SIM fakes. A lot of cell phone repair kiosks, especially those specializing in Nokia phones, have a "Vertu Repair" sign hanging outside. Now that the iPhone is supplanting Vertu as a major status symbol this trend has been on a decline but the sings and the fakes are all still there.
On an semi-unrelated note, creating a no-nonsense port of CyanogenMod or, better yet, MUIU for Vertu phones might make for an amusing art project.
Edit: formatting, typo.
I would, however, welcome a stronger focus on device durability.
Disclosure: I work for Vertu.
Too bad since their target market is probably in possession of a lot of diamonds.
Buy it if you like to burn money.
The future prospects for Vertu are probably on an upward trend. If they can keep the software on their devices updated, a nice Android phone should have a five year lifespan before it is hopelessly out of date and unable to run new versions of the OS or lack the peripherals to support new features.
The size of phones, and screen resolution might be stabilizing. Several years of incremental improvements to power efficiency and other parameters will still add up to obsolescence. But, eventually, phones may become more like wristwatches. I have worn the same watch for more than 20 years, and it was made to last.
"for consumers who want to use exclusive products, price is quality"
...and a 10 billion yen balance...
Why doesn't Nokia make the same decision!