Expensive Luxury Gadget

Luxury brands
A luxury brand or prestige brand is a brand for which a majority its products are luxury goods. It may also include certain brands whose names are associated with luxury, high price, or high quality, though few, if any, their goods are currently considered luxury goods.
Another market characteristic luxury goods is their very high sensitivity to economic upturns and downturns, high prit margins as well as prices, and very tightly controlled brands.