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<p align="center"><span style="font-size: 8pt"><strong>Stunning:</strong> The diamond encrusted iPhone</span></p></td></tr></tbody></table>While the world reels under the global credit crunch, one jeweller decided to buck the trend by designing the world's most expensive phone. <br /><br />The new Apple iPhone 3G Kings Button is made of solid 18 carat yellow gold, white gold and rose gold. Designed by Austrian jeweller Peter Aloisson, the diamond-encrusted iPhone comes for a whopping u00a31,636,000 (approx Rs 12 crore). <br /><br />Exuding luxury from every nook and corner the ultimate bling phone has a white gold line encrusted with a total of 138 brilliant cut diamonds of the best quality. But the most prominent feature is its home button that features a rare 6.6 carat diamond.u00a0u00a0 <br /><br />Aloisson is credited as the ultimate pioneer when it comes to blurring the lines between gadget, art and jewellery. 

While the world reels under the global credit crunch, one jeweller decided to buck the trend by designing the world's most expensive phone. 

Apple launches Rs 12 crore diamond-encrusted iPhone

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Apple launches Rs 12 crore diamond-encrusted iPhone

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