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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  • AnonD-625621
  • 7k7
  • 13 Mar 2017

Vertu is loss making... ?!! Looking at the prices of their phones i thought they will never make amy losses

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    • AnonD-404798
    • d%{
    • 13 Mar 2017

    ''The company made a loss of £53 million ................................. '' :O at the price they sell phones , they are still loosing money , unbelievable ....

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      • AnonD-214858
      • NiB
      • 13 Mar 2017

      vertu sold more than 450,000 units in 2015. its far from dead and average price was $6,000.

      its equal to 4.5m android flagships

        • D
        • AnonD-625786
        • 0@r
        • 13 Mar 2017

        God, they make ugly devices. Not to mention they never get updates.

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          • AnonD-94869
          • mTw
          • 13 Mar 2017

          AnonD-621510, 13 Mar 2017And this incredibly stupid business is originated from none... moreVW makes VW Lupo and Bugatti Veyron as well. Nokia did some expansive models in the 8 series wich were sold excellent and after the success of the 8 series, they invented a luxury division:Vertu. Like Toyota and Lexus. In the times when we had classic phones with hard keys buttons, it was a smart move. But in the smartphone era, it is a dead business. Now form follows functions. No place for bling bling useless adds. Even the richest people use iphone

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            • AnonD-94869
            • mTw
            • 13 Mar 2017

            Why these stupid billionaires buy such dead business ?? Not even a child should buy such dead business. It is so clear like daylight that Vertu is a dead dog , useless. Money flushed at the toilet. How can became a billionaire such a stupid person like this turk?? He selled guns or cocaine i think, and now he wants to makes money launderin through a clean business.

              • ?
              • Anonymous
              • teq
              • 13 Mar 2017

              Anonymous, 13 Mar 2017"Luxury". Those phones look from last century. I better not... more"technology is meant to be thrown away"

              You mean pollute?

                • D
                • AnonD-652387
                • pac
                • 13 Mar 2017

                https://www.youtube.com/watch?v=woJJmGnm7hI

                Vertu constellation Review

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                  • AnonD-621510
                  • HjB
                  • 13 Mar 2017

                  AnonD-39937, 13 Mar 2017Because stupid people buy those overpriced Vertu phones for... moreAnd this incredibly stupid business is originated from none other then the highly praised company, NOKIA!! Yup, the company that made the cheap indestructible 3310 is Vertu creator. Ironic...

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                    • AnonD-39937
                    • LaA
                    • 13 Mar 2017

                    Anonymous, 13 Mar 2017"Luxury". Those phones look from last century. I better not... moreI would say "deadly luxury" because if someone throws titanium Vertu phone at you it can kill you... Just saying

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                      • AnonD-39937
                      • LaA
                      • 13 Mar 2017

                      Stondec100, 13 Mar 2017The business seems so incredibly stupid. I don't see how it... moreBecause stupid people buy those overpriced Vertu phones for their bling bling status.

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                        • AnonD-39937
                        • LaA
                        • 13 Mar 2017

                        Bling bling

                          • E
                          • Emrah
                          • npx
                          • 13 Mar 2017

                          .alpha, 13 Mar 2017Turkish. Probably money laundering and then dump the dead b... moreI am with you on the money laundering issue, but blaming a whole country just does not make sense. Contrarily in 1980-90s Turkey was recognized by being hospitable, friendly, honest, kind to each other and more importantly to foreigners. Now things have changed a bit, but not as far as you mentioned.

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                            • AnonD-523334
                            • 7k7
                            • 13 Mar 2017

                            .alpha, 13 Mar 2017Turkish. Probably money laundering and then dump the dead b... moreHow many Turkish businessmen you met? One or two. And if you are saying more, you are lying. Second, there are hundreds of thousands of business men in Turkey so ur comment is irresponsible.
                            This guy though surely look criminal, I'm not supporting any criminal.

                              AnonD-621510, 13 Mar 2017From £175M all the way down to £50M? This Vertu... moreHahaha that's very funny

                                The business seems so incredibly stupid. I don't see how it's worth a cent more than 1k dollars. This poor guy grossly overpaid.

                                  I really wish I worked at Vertu, they should redefine what luxury smartphone is

                                    • D
                                    • AnonD-59657
                                    • IVP
                                    • 13 Mar 2017

                                    Vertu is a worthless piece of sh*t.

                                      • D
                                      • AnonD-621510
                                      • HjB
                                      • 13 Mar 2017

                                      From £175M all the way down to £50M? This Vertu brand is getting cheaper and cheaper everytime they change hands. Some idiot might be able to buy Vertu business for £3M soon enough.

                                        • ?
                                        • Anonymous
                                        • mqg
                                        • 13 Mar 2017

                                        .alpha, 13 Mar 2017Turkish. Probably money laundering and then dump the dead b... morethere are 80 million people living in turkey, and you are talking like you met 80 million people from turkey