I genuinely can't see why anyone would pay that for a handset. They are an icon of conspicuous consumption, nothing more.
Regarding the OS choice, they are right about market share which is why they were on Symbian and are now on android. Only time will tell where they end up.
If you're the target market for this phone you don't care much about the functionality, what you care about is that other people can see that you have so much money that you can carelessly throw around your phone that costs more than many people make in a month. It's all about perception.
Note that an important factor is that your peers have to know that the phone is prohibitively expensive. If they don't the point is lost. This is also why superyachts are so popular among the ultrarich. Everyone knows that they are crazy expensive to buy and maintain, and so they know you have the money to do so.
Douglas Adams has an unparalleled quote about the psychology behind it - "No expense had been spared to give the impression that no expense had been spared" This is also the only instance I've ever seen of recursion being used in fiction :-)
Despite what Wikipedia says, most Vertu phones sold in the past weren't smartphones (unless you consider a personal concierge a kind of Siri); they were powered by Nokia's Series 40 firmware and had tiny 2" screens much like more mainstream Series 40 business phones, albeit covered with protective bling like sapphire glass. Apparently they still promote those on Vertu.com under the name Ascent. Nokia had just started transitioning Vertu phones to modern, touch-enabled Symbian with Constellation phones when they sold their Vertu arm to EQT.
It's hard to appreciate unless you get to hold one in your hand and play with it. The phones are exceptionally well made - not just robust but well crafted. The sound reproduction from the external speakers is pretty amazing too - I'd quite happily listen to music playing on it.
I do not know if Vertu was ever run at a profit, but, evidently, their new owner thinks it is possible.
The future prospects for Vertu are probably on an upward trend. If they can keep the software on their devices updated, a nice Android phone should have a five year lifespan before it is hopelessly out of date and unable to run new versions of the OS or lack the peripherals to support new features.
The size of phones, and screen resolution might be stabilizing. Several years of incremental improvements to power efficiency and other parameters will still add up to obsolescence. But, eventually, phones may become more like wristwatches. I have worn the same watch for more than 20 years, and it was made to last.
While I can appreciate the irony, they claim to be making a practical decision. Since the device is not disposable, and since Windows doesn't yet hold the market share that makes them feel warm and fuzzy about the long term ... Android.
Because Symbian before it was associated with luxury? What does hardware have to do with the OS anyway? Would Android on iPhones be less luxurious? If so, why? Android looks 10x better than the Symbian Vertu used in the passed.
They can't licence iOS and Symbian is at end-of-life. So the choice was between Windows Phone or Android. Since neither of these are particularly associated with luxury, the decision was presumably made using other criteria such as ecosystem size and brand recognition.
[+] [-] meaty|13 years ago|reply
Regarding the OS choice, they are right about market share which is why they were on Symbian and are now on android. Only time will tell where they end up.
[+] [-] mixmax|13 years ago|reply
If you're the target market for this phone you don't care much about the functionality, what you care about is that other people can see that you have so much money that you can carelessly throw around your phone that costs more than many people make in a month. It's all about perception.
Note that an important factor is that your peers have to know that the phone is prohibitively expensive. If they don't the point is lost. This is also why superyachts are so popular among the ultrarich. Everyone knows that they are crazy expensive to buy and maintain, and so they know you have the money to do so.
Douglas Adams has an unparalleled quote about the psychology behind it - "No expense had been spared to give the impression that no expense had been spared" This is also the only instance I've ever seen of recursion being used in fiction :-)
[+] [-] VMG|13 years ago|reply
So while you know the term conspicuous consumption, you doubt that it actually exists?
[+] [-] networked|13 years ago|reply
[+] [-] buro9|13 years ago|reply
[+] [-] charltones|13 years ago|reply
Disclosure: I work for Vertu.
[+] [-] lucian1900|13 years ago|reply
I would, however, welcome a stronger focus on device durability.
[+] [-] cpursley|13 years ago|reply
[+] [-] moccajoghurt|13 years ago|reply
Too bad since their target market is probably in possession of a lot of diamonds.
[+] [-] vidarh|13 years ago|reply
[+] [-] meerita|13 years ago|reply
Buy it if you like to burn money.
[+] [-] Zigurd|13 years ago|reply
The future prospects for Vertu are probably on an upward trend. If they can keep the software on their devices updated, a nice Android phone should have a five year lifespan before it is hopelessly out of date and unable to run new versions of the OS or lack the peripherals to support new features.
The size of phones, and screen resolution might be stabilizing. Several years of incremental improvements to power efficiency and other parameters will still add up to obsolescence. But, eventually, phones may become more like wristwatches. I have worn the same watch for more than 20 years, and it was made to last.
[+] [-] djmdjm|13 years ago|reply
[+] [-] arethuza|13 years ago|reply
"for consumers who want to use exclusive products, price is quality"
[+] [-] olgeni|13 years ago|reply
...and a 10 billion yen balance...
[+] [-] StanS|13 years ago|reply
[+] [-] delinka|13 years ago|reply
[+] [-] huhtenberg|13 years ago|reply
[+] [-] SlipperySlope|13 years ago|reply
Why doesn't Nokia make the same decision!
[+] [-] toyg|13 years ago|reply
[+] [-] usaphp|13 years ago|reply
[+] [-] mtgx|13 years ago|reply
[+] [-] delinka|13 years ago|reply
[+] [-] andyjohnson0|13 years ago|reply