In what might be seen as one of the boldest moves a cell phone company has ever made, Softbank has decided to release its diamond-studded Tiffany phone in the middle of the worst global financial meltdown in history. Retailing for a whopping 13 million yen (about $130,917) the 823SH Tiffany Model sports a platinum body made by Sharp slathered with 537 diamonds. With a production run currently limited to only 10 units, the Japanese aristocracy has already thumbed its collective nose at the global money crisis as reports have revealed that several of the units have already been reserved by eager buyers.

Via MyComJournal