The Mobile Phone As Status Symbol

Dior, Prada and Tiffany are just a few of the luxury brands that have unveiled mobile phones for consumers with a lot of disposable income. For folks who balk at shelling out $300 for an iPhone, the idea of spending upwards of $100,000 for a jewel-encrusted cell phone falls into the realm of fantasy.

There is a market for these designer devices, though, one that ABI Research expects to top $11 billion next year and climb to more than $43 billion in 2013.

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