The Most Expensive Cell Phone

I love coming across these ridiculous gadgets. Do people really spend insane amounts of money on gadgets this stupid? Todays insanely priced gadget is $1.2 million cellphone. The diamond encrusted cellphone has 120 carats worth of diamonds and no qwerty keyboard.
$1.2 could easily help out with an entire village in a third world country. People should be ashamed to even have something so outrageous on the market.
