LUXURY PHONE MAKER Vertu has announced an Android smartphone priced at nearly £7,000.
Yes, you read that right. It might be one of the ugliest phones we've ever seen, but Vertu's latest smartphone the Vertu Ti will cost £6,700 - around £6,000 more expensive than Apple's highest specification iPhone 5.
If you're thinking that whopping price tag is justified by some top-notch specifications, you're mistaken. The Vertu Ti features Google's dated Android 4.0 Ice Cream Sandwich mobile operating system along with a 3.7in WVGA display and a dual-core 1.7GHz Qualcomm Snapdragon S4 processor.
The Vertu Ti weighs a hefty 180g, has a not very impressive 1,260mAh battery and doesn't even come with support for 4G LTE.
We shouldn't moan too much though, as Vertu's website claims that the phone, which is crafted from titanium, also has 64GB of internal storage, an 8MP rear-facing camera and a 1.3MP "Skype-compliant" front-facing camera.
However, Vertu says that its Ti smartphone is worth the price because it has Bang & Olufsen speakers handcrafted here in England.
The company says, "Vertu Ti beautifully merges classic elegance with advanced material innovation. its crisp lines and faceted forms speak of confidence. The ruby inset Vertu key is a Vertu DNA design detail highlighting the most important key on the Ti."
If you've had a recent lottery win, the Vertu Ti is available now. µ
Plus the cost of ambition as moonshots eat into the coffers
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Did we say cuts off? We meant traps them inside their own home