Announcing the $2.5 Million iPhone

Your 401K may be worthless but its nice to know you can buy a $2.5 million iPhone.

Austrian jeweler Peter Aloisson has created the “Kings Button” -- the world’s most expensive bedazzled iPhone 3G (OK, maybe it’s the only "bedazzled" iPhone 3G).

Aloisson added a 6.6 carat diamond to the home button and  remade the case out of solid 18-carat yellow, white and rose gold. He finished it by outlining the case with a white gold line encrusted with 138 diamonds “of the best quality.”

The estimated value: $2,517,345. No word on if there will be a matching set of ear rings. Thanks to Alltechnoblog and Gizmodo for letting us know about this one. We're going to start saving up now. 

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