Gresso unveils Luxor Las Vegas Jackpot phone worth $1 million

Summary:The market for ultra-luxury mobile phones is bizarrely growing, and the latest entry is Gresso's Luxor Las Vegas Jackpot phone. Interested buyers will certainly need to win the jackpot to afford this one.

The market for ultra-luxury mobile phones is bizarrely growing, and the latest entry is Gresso's Luxor Las Vegas Jackpot phone. Interested buyers will certainly need to win the jackpot to afford this one.

Admittedly, the Luxor Las Vegas Jackpot is made from several precious materials, including 18-karat gold, black diamonds, sapphires, and...200-year-old African Blackwood. (Is that a selling point?) Sounds more like the makings of a beautiful tiara rather than a cell phone.

However, there aren't any details as to the phone's specs. A friend of mine said upon first seeing the Gresso device that "it's a blinged out crappy phone," which might very well be true.

Only three of this jewel-adorned devices will ever be made (for now), and each will cost a whopping $1,000,000.

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Topics: Telcos, Mobility

About

Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider, FastCompany.com, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for MainStreet.com, Irish Americ... Full Bio

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