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A Moscow-based company has recently begun production of an expensive mobile phone reportedly priced at priced at $1,300,000 USD.

Built on the Windows CE, the most expensive cell also features a high-resolution color TFT display and a 256 bit cryptographic algorithm. This expensive mobile phone is capable of SMS, MMS, E-mail, Internet, WAP, JAVA support and also has a media player. read more »
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It looks like Asus has a new PDA phone in the works. Named Pegasus this super slim (15.4 mm) Windows Mobile gadget combines phone, PDA and GPS navigation system into one sleek package. It has a numeric keypad, jog dial and allows for simple one handed control. The camera body is finished with brushed aluminum and diamond-cut edges to accentuate superior taste and a feeling of luxury. read more »
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Hard as it is to believe, all the excitement surrounding Jobs and his new toy may actually understate the impact of this device on Apple's fortunes. Beyond the hysteria surrounding its June 29 launch, the iPhone has the potential for adding a totally new, $10 billion-a-year business within just a few years. If Apple can expand so-called smartphones from a luxury carried by corporate road warriors into an everyday tool for the masses—combining the functions of a BlackBerry and an iPod—Apple could soon see a new growth tear. read more »
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Gresso company introduced a new series of elite luxury mobile phones manufactured manually from black African tree with gold items. Surface of a display is made from sapphire glass pieces (42-carat), numbers and letters are laser cut. read more »
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