You thought Amosu's $41,225 iPhone was ridiculous? Peter Aloisson, an Austrian luxury designer, has recently created the most expensive iPhone in the world (til now, I say this is only the beginning).
With a price tag of 120,000 Euros ($176,400), the phone is embellished with 318 diamonds of 17.75 carats, set in 18k white gold around its rim. Its first customer was a Russian businessman who had pre-ordered it way back in October 2007 for a January 2008 delivery.
I say the next iPhone should be made of pure gold.