Diamond encrusted phonePeter Alloisson has made a business out of pimping cell phones with diamonds and precious metals.Peter has now reached the logical conclusion of high-end cell phone pimping: a 1 million dollar diamond encrusted phone. With almost 3000 blue diamonds, the cell phone will become one of the world's most expensive phones.

The million dollar cell is a special order by Siemens and will be used for marketing purposes. The phone will ulimately be auctioned off. I'll be emailing Siemens today and offer to take it off their hands if the auction proves to be a hassle.