For anyone who understandably hasn't heard of it, Vertu is the previously Nokia-owned luxury smartphone maker that tries to convince celebrities and the super rich to shell out up to $50,000 on extravagant devices made from materials such as sapphire and platinum. Vertu phones have tended to be ugly and underpowered, and its business model seems to rely on the adage that wealthy people love to decorate themselves with expensive, superficial accessories. It would appear that even those with money to burn still prioritize a decent smartphone experience, however, and Vertu may be finding that out the hard way.