Christmas gift guide: Luxury ideas for the fabulously wealthy

Bang & Olufsen/Samsung Serenata, £1,000
The boffins at Bang & Olufsen and Samsung have bashed their heads together and come up with this gorgeous phone that combines the best that both companies have to offer. On the one hand, you get B&O's sumptuous design, giving the handset a beautifully curvaceous look that's finished off perfectly by some stark brushed aluminium. On the inside, Samsung has put its mobile phone expertise to good use. The handset uses the latest technologies including HSDPA for high speed downloads and comes with 4GB of memory for storing music. The sound from the built-in B&O speakers is amazing considering the phone's small size and it also comes with a dock so you can connect it to your home stereo system. Who wouldn't want this turning up in their Christmas stocking?