The world’s most expensive iPhone
July 22, 2009 | Tim Bradbury
Peter Aloisson is the jeweler behind the world’s most expensive iPhone, an iPhone 3G that will set you back a whopping 2.5 million dollars, talk about burning a hole in your pocket.
According to Aloisson’s website,
The jewel encrusted iPhone is “made of solid 18 carat yellow gold, white gold and rose gold. A fabulous combination. The white gold line is encrusted with a total of 138 brilliant cut diamonds of the best quality. But the main feature of this one-of-a-kind phone is it’s “home button”. It carries a rare 6.6 carat diamond. Integrated in the design as if this diamond has been made for taking you home.”
I must say I prefer the sleek look of the iPhone 3G sans all the expensive jewels, but that’s just me. (Not to mention, it’s $2,499,799 cheaper.)
See a video rendering of the device here and the device “specs” here
If you have enough money to blow on a 2.5 million dollar iPhone 3G, please feel free to send us a generous donation, just kidding!
Oh, and Mr. Aloisson, it would be great if you could send us one your devices for, uh, “review purposes.”
2) Even if, by some miracle, you could deduct $1000 for that car that you just bought for $500, you would still lose money on the deal. Why? Because a tax deduction is not “deducted” from the amount of tax that you owe (that is what a “tax credit” is). Rather, a deduction is deducted from your income, before the amount of tax is calculated. The actual cash value to you of a deduction is the deduction multiplied by your tax bracket. For example, let’s say that you are in the 25% tax bracket (for a single person, that would mean taxable income — after all of your deductions and exemptions — between $31,851 and $77,100; for a maried couple filing jointly, taxable income between $63,701 and $128,500). A $1000 deduction only lowers your federal tax bill by $250. So you would wind up $250 in the hole after paying $500 for the car. Even if you are in a state with a high state income tax rate of 10%, you would still be in the hole $150.
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