This Gold-Encrusted iPhone 5 Could Be Yours … For $15 Million

If you have a spare $15 million, this gold- and diamond-encrusted iPhone 5 could be yours.

The handset, which is inlaid with 600 flawless white diamonds and includes a gold-plated antenna and back panel, was crafted by the Liverpool, England-based Stuart Hughes. In addition to this iPhone's impressive gold and diamond encrusting, the handset's Home button has also been replaced with a rare 26-carat black diamond, which itself is worth $14.5 million.

Hughes' previous "iDevice bling" products have included a $2.5 million gold-encrusted iPhone 3G and a gold-plated $8 million iPad 2. The above iPhone 5, however, seems to take the cake in terms of both cost and design. Read more...