Is a luxury phone a contradiction in terms?
One of my contacts on LinkedIn, Abraham Joseph founder of the Device Management Forum, emailed me about a question he has posted in the Wireless section of LinkedIn: Answers. Abraham asks a few questions regarding Luxury phones but the key question is…
"Vertu’s success aside, will there really be a big market for luxury phones with device life cycles of 5 years or more?"
Personally, I don’t believe there will be a big market - as in mass-market. There will always be a small but lucrative market for Vertu-like luxury phones but people won’t buy them in the same way as jewellery or watches. The main problem I see is that jewellery and watches can last a lifetime and can often be sold for a similar order of price as they were bought - unlike mobile phones that quickly become out of date and worthless.
Check out other responses on the LinkedIn site where you will also find lots of other interesting topics in the Wireless and Wireless Development categories.