Vertu Collapses and Auctions off it's $20,000 Phones for "Cheap"

Discussion in 'Luxury and Lifestyle' started by Baron, Aug 10, 2017.

  1. Baron

    Baron ET Founder

    A few months ago, iconic British phone manufacturer Vertu announced that it would enter liquidation after encountering financial difficulties.

    But now, with the company’s assets on the auction block, you can pick up a Vertu phone for a (relative) bargain. One of its Signature brand feature phones, which comes encased in 18 karat gold and black alligator leather and originally retailed for £14,700 ($19,000), currently has bids in the $1,500 range.

    https://thenextweb.com/insider/2017...rtus-assets-are-now-on-auction/#.tnw_MARscHxY
    [​IMG]
     
  2. Soon everyone will have a 4 figure phone.
    It's called the iPhone8.

    Edit- is there any doubt MS is bidding for an "on the cheap" Vertu phone?
    I would bet my left nut he's trying to get one.
    Fake it till you make it LOL
     
  3. [​IMG] o_O
     
  4. southall

    southall

    Last edited: Aug 10, 2017
  5. algofy

    algofy

  6. truetype

    truetype

    The phones went for big prices, even at liquidation, in some cases >£10,000. The wannabees can't afford them even now!

    I guess he was right all along...
     
  7. Baron

    Baron ET Founder

    Their pricing was too extreme for the material add-ons they were providing.

    They tried to turn a $99 phone with an Android OS into a $19k piece of jewelry (with no added functionality), which worked ok at first until they realized that millennials and most other people don't give a flying flip about goofy materials like Alligator skin any more.
     
  8. truetype

    truetype

  9. southall

    southall

    #10     Aug 18, 2017