Vertu sells its business for £50M

13 March 2017
A controversial Turkish businessman purchased the luxury phone company for £50M/$61M.

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  • l
  • lionking
  • 8pk
  • 02 Apr 2017

when millionaires claim losses,it means they are hiding their profits.One must know that to become a millionaire in business means your dealing with a wolf.
Let's not be surprised ; Not everyone rides in A Rolls,A Bentley or a Ferrari etc...Therefore, Vertu is not everybody's mobile.If it were, I wouldn't have purchased one in Solid Gold.
Its just what you can afford and what pleases your status.All fingers are not equal.

    • D
    • AnonD-8311
    • D$K
    • 15 Mar 2017

    AnonD-214858, 15 Mar 2017i expect someone who comment here to know how to google, ... moreyo expectations are too high then, u feed us with useless information and u expect us to verify it, knowing how many fones vertu sells does not improve my life in anyway , except if i want to seem knowledgeable to strangers on th internet lije u are tryng to do, im a chemical engineer i make life saving drugs n other important stuff, trivia is the least of my worries...

      • D
      • AnonD-214858
      • NiB
      • 15 Mar 2017

      AnonD-8311, 13 Mar 2017tell us yo source or shut upi expect someone who comment here to know how to google,

      source
      http://www.phonearena.com/news/Luxury-phone-maker-Vertu-makes-phones-for-the-outrageously-rich-tycoons-gets-acquired-by-one_id91948

      another source
      https://www.ft.com/content/b0535512-818b-11e5-a01c-8650859a4767

        • ?
        • Anonymous
        • UD{
        • 14 Mar 2017

        Anonymous, 14 Mar 2017Sound like iphone.lol!! hahaha spot on!

          • D
          • AnonD-621510
          • RIE
          • 14 Mar 2017

          Christian, 14 Mar 2017Wait the minute... Nokia 3310 cheap? I was a highschool s... moreWell...the 2017 version is.

            • D
            • AnonD-632062
            • Hxc
            • 14 Mar 2017

            Hmmm, I thought Vertu would be valued at more than 50 million Euros.......

              Anonymous, 13 Mar 2017"Luxury". Those phones look from last century. I better not... moreOEMs try that luxury business model Watches with electronics parts!!! What a dud business model!!

                • A
                • Alan
                • tVn
                • 14 Mar 2017

                Only people like Christian Grey use one. So there you go one in a million Hollywood shows.

                  • ?
                  • Anonymous
                  • tRf
                  • 14 Mar 2017

                  People buy Vertu for it's conceige services and membership... One touch access to practically anything...
                  The owners would care less about specs or updates as they probably have an iPhone or Android to join the tech-savvy community to carry out normal daily routine...
                  A Vertu is just an item to give it's users something to brag about, in this term, exclusivity... And also, most Vertu buyers are chosen or invited to purchase one, so those who cannot afford one should learn to shut up...

                    • ?
                    • Anonymous
                    • uJD
                    • 14 Mar 2017

                    AnonD-450518, 13 Mar 2017Supreme built quality, but unfortunately old specs.As for Android, its badly build, with supreme specs. Yet it somehow managed to lag! haha.

                      • C
                      • Christian
                      • 0UZ
                      • 14 Mar 2017

                      AnonD-621510, 13 Mar 2017And this incredibly stupid business is originated from none... moreWait the minute... Nokia 3310 cheap?
                      I was a highschool student back than,and if memory serves me well Nokia 3310 was a expensive model.Sure it may have been entry model for Nokia,but most certainly was more expensive than midrange Alcatel's Siemens'es Motorola's and even Ericsson's and many kidds could'nt afford it.Back than Nokia was similar to what is Apple today.

                        • ?
                        • Anonymous
                        • HjB
                        • 14 Mar 2017

                        AnonD-450518, 13 Mar 2017Supreme built quality, but unfortunately old specs.Sound like iphone.

                          • ?
                          • Anonymous
                          • pVN
                          • 14 Mar 2017

                          Anonymous, 13 Mar 2017"technology is meant to be thrown away" You mean pollute? No, recycle

                            • D
                            • AnonD-450518
                            • u}s
                            • 13 Mar 2017

                            Supreme built quality, but unfortunately old specs.

                              • D
                              • AnonD-638825
                              • 3ZP
                              • 13 Mar 2017

                              Arian Adler, 13 Mar 2017Better than Lumia 1020 in hammer act!?Would you really place a 15,000€ smartphone against a hammer that probably didnt cost more than 20€ or 50€ if of good quality xD? Of course i meant they are way better in quality because they are hand crafted, assembled, tested and approved later on the road. Also the company services are worldwide and constantly available. If people want ruggedness, Otterbox has the tools for the general market.

                                • D
                                • AnonD-94869
                                • mTw
                                • 13 Mar 2017

                                AnonD-214858, 13 Mar 2017vertu sold more than 450,000 units in 2015. its far from de... more6000 $ average ?? It means they sold 450.000 only from the cheapest version of Signature S.

                                  • ?
                                  • Anonymous
                                  • IWQ
                                  • 13 Mar 2017

                                  AnonD-8311, 13 Mar 2017tell us yo source or shut upFrom Lala land

                                    • A
                                    • Arian Adler
                                    • EZP
                                    • 13 Mar 2017

                                    AnonD-638825, 13 Mar 2017They are much, much, much better built than any other Andro... moreBetter than Lumia 1020 in hammer act!?

                                      • D
                                      • AnonD-8311
                                      • NuU
                                      • 13 Mar 2017

                                      AnonD-214858, 13 Mar 2017vertu sold more than 450,000 units in 2015. its far from de... moretell us yo source or shut up

                                        • D
                                        • AnonD-638825
                                        • 3ZP
                                        • 13 Mar 2017

                                        AnonD-625786, 13 Mar 2017God, they make ugly devices. Not to mention they never get ... moreThey are much, much, much better built than any other Android, iOS, etc. devices for that matter tough. There is Feld & Volk, which makes Iphones with wood, carbon fiber, sapphire casings and alike, for half the price of Vertus usually and they are still regular smartphones.