Will you buy a $10,000 smartphone?

February 14, 2013, 4:12 pmYahoo!7

Vertu's newest luxury smartphone is out.


British luxury phone maker Vertu has launched its latest creation in the market and hopes it will send the cash registers ringing.

The Vertu Ti is an android smartphone priced at a whopping $10,000.

Mashable reports the phone is handmade using crystal (the "scratch-proof" screen is crafted out of sapphire) and titanium by a single craftsman in England from 184 parts.

Vertu Ti comes with a dual-core 1.7GHz processor along with 1GB of RAM and 64GB of internal storage. It’s equipped with an 8-megapixel rear camera that can click videos up to 1080p and a 1.3-megapixel front camera.

Photo quiz: Can you tell which item is super expensive?

The phone claims to have specially-tuned "symphonic sound" and a "concierge" button which connects the user to a team providing "curated benefits and services" around the clock.

"Vertu Ti is our most significant product for a decade. Android 4.0 delivers a proven and intuitive environment for users while the design and craftsmanship of the handset remains uniquely Vertu," Perry Oosting, Vertu president and CEO, said in a statement.

"Vertu has pioneered and led the luxury mobile phone sector since we began in the late 90s and the great depth of our knowledge and experience can be seen in Vertu Ti."

Vertu vas previously Nokia-owned, but the company sold most of its stake to private equity group EQT VI in Oct. 2012.

Nearly 326,000 Vertu phones of all makes have been sold worldwide.

China is reportedly Vertu's biggest market.

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