This iPhone 14 Pro Max costs a whopping ₹5 crore, surpassing the price of a Lamborghini! Why is it so expensive?

livemint.com:

₹5 crore. It surpasses the cost of a Lamborghini Huracan Evo, which is currently available in India for ₹3.7 crore. The Diamond Snowflake edition, a collaboration between Caviar and British jewellery brand Graff, is an extremely limited edition phone with only three pieces available.

This exclusive variant surpasses the price of Apple's previous most expensive phone, the iPhone 14 Pro Max, which was priced at ₹1,27,999 in India. Interestingly, the exorbitant price of the exclusive device is justified by the presence of a stunning centrepiece pendant made of platinum and white gold on the backplate. This intricate and ornamental design, valued at ₹62 lakh, is adorned with a combination of round and marquise-cut diamonds.

The backplate itself is meticulously crafted with 18k white gold and showcases a breathtaking pattern embellished with a total of 570 diamonds. The diamond-encrusted iPhone, available for purchase, can be acquired directly from the official website of Caviar. The device comes with a one-year warranty, and the delivery process is handled by a reliable mailing service commonly utilized by many corporations for shipping packages and international correspondence.

To recall, the iPhone 14 was launched by Apple in September of the previous year. It features the powerful A15 Bionic chipset and is available in storage options of 128 GB, 256 GB, and 512 GB. The device boasts a dual-camera setup at the back, consisting of a 12MP primary sensor and a 12MP ultra-wide sensor.