A center console has an armrest that is hinged to provide access to a storage bin, and in addition has a compartment for an electronic device such a cellular phone, MP3 player or a handheld GPS navigation unit. The compartment preferably has a pivoted cover that closes to conceal the device from sight. A cradle attached to the cover holds the device when the cover is open so that it is in a convenient position for use by a vehicle occupant. The armrest may be slid forward relative to the center console to position the device close to the radio, in the field of vision of the driver, and permitting connection of the device to the radio or to an external outlet if desired. A finger recess may be provided in the armrest to permit cables to pass from the interior of the compartment to the exterior of the compartment.