What now glitters is a golden iPhone

BANGALORE, INDIA: Amidst an drooping economy, Apple recently announced the release of the world's first solid gold iPhone 3G.

Priced approximately at Rs 17 lakh (£22,995.00), the new iphone has 22 carat solid gold coating with 53 VVS1 diamonds studded over the company's logo.

It is a handmade phone designed by Stuart Hughes, the celebrated designer of high-end mobile phones.

“It took four proficient craftsmen including Stuart months of detailed intricate work to re-create the original body of the iPhone in solid gold all of which was started and finished by hand,” said the official website of Stuart, which features the solid gold iPhone.

The phone supports all networks and is available through Stuart Hughes official website.

The precious gold phone comes with similar features as the normal iphone, such as 16GB on board memory, a 320×480 touchscreen, Bluetooth, WLAN 802.11b/g, a built-in 2 megapixel camera and microphone. It delivers a talk time of 10 hours and a standby time of 300 hours, according to reports.

With the consumers spending curve coming down rapidly due to the economy's turmoil, the new solid gold iPhone is clearly a luxury. Do you think even the millionaires would be able to afford this luxury in the prevailing circumstances?