Some time ago, around the beginning of the year, Google and Samsung released the next Nexus phone. The Galaxy Nexus. A number of my co-workers were waiting for this thing to release, so they could get one. Currently 4 of my co-workers have them, one on AT&T, the others on Verizon.
One of them accidentally dropped his in a toilet... A few weeks after he got it. He made an attempt to dry it out, without dis-assembling it, and it failed, so he went to Verizon who happily charged him full price to replace it.