Usually when we see an iPhone like this, it’s the handset of some Saudi Arabian oil prince or B-list rapper whose definition of class is synonymous with champagne fused with gold flakes, and whom has duly paid Swarovski some forty or fifty grand to dip his iPhone 4 into some horse glue and then roll it in their overpriced crushings of glass.
This handset is actually different, though. Instead of paying $40,000 for a Swarovski iPhone 4, two Australian businessmen paid customizer Stuart Hughes eight million dollars to plate their iPhone 4s in gold and then encrust them in over five hundred diamonds totaling over 100 karats.
We’ll leave others to comment upon the mysterious contradiction of two men savvy enough about their finances to have eight million dollars to begin with but dumb enough about them to spend eight million dollars on something so gaudy and cheap looking. We would like to point out, though, the stupidity of covering a gadget whose surface area is mostly made up of glass with hundreds of the precious stones capable of slicing through it like butter.
[via TUAW