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	<title>Auction Archives - Gizmochina</title>
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	<description>Latest Tech News, Product Reviews and Deals</description>
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		<title>Apple&#8217;s Steve Jobs&#8217; Signed Business Card Fetches $181,183 in an Auction</title>
		<link>https://www.gizmochina.com/2024/03/25/apple-steve-jobs-business-card-signed/</link>
		
		<dc:creator><![CDATA[Anubhav]]></dc:creator>
		<pubDate>Mon, 25 Mar 2024 02:04:08 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[steve jobs]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=613399</guid>

					<description><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c-300x169.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Steve Jobs" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c-300x169.webp 300w, https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c.webp 650w" sizes="(max-width: 300px) 100vw, 300px" /><p>A piece of Apple history has fetched a hefty price tag. A business card signed by Steve Jobs sold for a staggering $181,183 (roughly 1.312 million yuan) at RR Auctions on March 24th. This &#8220;ultra-rare, immaculate&#8221; card, estimated to be from around 1983, sold for a whopping 14 times the price of an unsigned Apple [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2024/03/25/apple-steve-jobs-business-card-signed/">Apple&#8217;s Steve Jobs&#8217; Signed Business Card Fetches $181,183 in an Auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c-300x169.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Steve Jobs" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c-300x169.webp 300w, https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c.webp 650w" sizes="(max-width: 300px) 100vw, 300px" />
<p>A piece of <a href="http://gizmochina.com/tag/apple">Apple </a>history has fetched a hefty price tag. A business card signed by <a href="http://gizmochina.com/tag/steve-jobs">Steve Jobs </a>sold for a staggering $181,183 (roughly 1.312 million yuan) at RR Auctions on March 24th. This &#8220;ultra-rare, immaculate&#8221; card, estimated to be from around 1983, sold for a whopping 14 times the price of an unsigned Apple business card previously sold at the same auction house.</p>



<h3>The card is one of the only five known certified Steve Jobs business cards </h3>



<p>While not entirely flawless – the card shows some fading, a minor stain on the front, and faint tape marks on the back – its exceptional condition for a 40-year-old item is a key factor in its value. Signed memorabilia is even more desirable when its authenticity can be verified. This particular business card boasts certification from the prestigious Professional Sports Memorabilia Authentication Agency (PSA) with a coveted &#8220;Gem Mint Level 10&#8221; rating.</p>



<p>The card offers a glimpse into a key time for Apple. Signed during Jobs&#8217; tenure as chairman of the board, it predates the launch of the iconic Macintosh computer. Apple&#8217;s main product at the time was the Apple Lisa, the world&#8217;s first commercial PC with a graphical user interface (GUI), even more advanced than the <a href="http://gizmochina.com/tag/mac">Macintosh </a>but ultimately less commercially successful.</p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="650" height="366" src="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c.webp?x10805" alt="Steve Jobs" class="wp-image-613408" srcset="https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c.webp 650w, https://www.gizmochina.com/wp-content/uploads/2024/03/7481f821-3607-45f2-bd93-e5045c6fc48c-300x169.webp 300w" sizes="(max-width: 650px) 100vw, 650px" /></figure></div>



<p>According to RR Auction House, this is one of only five known Steve Jobs business cards to have successfully passed PSA/DNA authentication. The signature itself is described as &#8220;neatly positioned and very clear.&#8221; It won&#8217;t be too long before another piece of Apple&#8217;s history shows up and sets a huge new record in the <a href="http://gizmochina.com/tag/auction">auction </a>scene. Who knows? We&#8217;ll have to wait and watch. </p>



<iframe loading="lazy" src="https://embeds.beehiiv.com/7eb90650-7442-41c3-92e8-0c32f95fdb2c" data-test-id="beehiiv-embed" width="100%" height="320" frameborder="0" scrolling="no" style="border-radius: 4px; border: 2px solid #e5e7eb; margin: 0; background-color: transparent;"></iframe>



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<p>(<a href="https://www.ithome.com/0/757/821.htm">Via</a>)</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2024/03/25/apple-steve-jobs-business-card-signed/">Apple&#8217;s Steve Jobs&#8217; Signed Business Card Fetches $181,183 in an Auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Another Extremely Rare Piece of Apple Memorabilia is going up for Auction Soon</title>
		<link>https://www.gizmochina.com/2023/08/01/apple-second-ever-check-auction/</link>
		
		<dc:creator><![CDATA[Anubhav]]></dc:creator>
		<pubDate>Tue, 01 Aug 2023 01:01:53 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Auction]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=554821</guid>

					<description><![CDATA[<img width="300" height="200" src="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-300x200.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-300x200.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1024x683.webp 1024w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-768x512.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1536x1024.webp 1536w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-696x464.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1068x712.webp 1068w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1920x1280.webp 1920w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-630x420.webp 630w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3.webp 2048w" sizes="(max-width: 300px) 100vw, 300px" /><p>A collection of rare Apple items, including the second check the company ever wrote, signed by co-founders Steve Jobs and Steve Wozniak, is heading to the auction block, following the record-breaking sale of a sealed 4GB original iPhone, which sold for almost $200,000. This new auction, organized by RR Auction, offers over 50 unique items, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/08/01/apple-second-ever-check-auction/">Another Extremely Rare Piece of Apple Memorabilia is going up for Auction Soon</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="200" src="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-300x200.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-300x200.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1024x683.webp 1024w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-768x512.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1536x1024.webp 1536w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-696x464.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1068x712.webp 1068w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1920x1280.webp 1920w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-630x420.webp 630w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3.webp 2048w" sizes="(max-width: 300px) 100vw, 300px" />
<p>A collection of rare <a href="http://gizmochina.com/category/apple">Apple</a> items, including the second check the company ever wrote, signed by co-founders Steve Jobs and Steve Wozniak, is heading to the auction block, following the record-breaking <a href="https://www.gizmochina.com/2023/07/17/rare-and-sealed-first-generation-iphone-4gb-auctioned-at-a-record-breaking-price/">sale of a sealed 4GB original iPhone</a>, which sold for almost $200,000. This new auction, organized by RR Auction, offers over 50 unique items, affording enthusiasts an intimate look into the nascent days of one of the world&#8217;s most iconic tech companies.</p>



<h3>The collection includes the second check ever written by Apple Inc.</h3>



<p>The second check that Apple issued, bearing the signatures of both Jobs and Wozniak, has the potential to fetch over $50,000. Dated March 19, 1976, the check was written for $116.97 to Ramlor, Inc., a Palo Alto-area manufacturer of printed circuit boards. This document harks back to the time when Apple was crafting its debut product, the Apple-1, and predates the company&#8217;s official inception by about two weeks.</p>



<div class="wp-block-image"><figure class="aligncenter size-large"><img loading="lazy" width="1024" height="683" src="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1024x683.webp?x10805" alt="Apple" class="wp-image-554822" srcset="https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1024x683.webp 1024w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-300x200.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-768x512.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1536x1024.webp 1536w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-696x464.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1068x712.webp 1068w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-1920x1280.webp 1920w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3-630x420.webp 630w, https://www.gizmochina.com/wp-content/uploads/2023/08/111006055359-apple-logo-new-york-2048x1365-3.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></div>



<p>Notably, this check is labeled &#8220;No. 2,&#8221; and was written around the time Apple was still operating out of the Jobs family garage. The check also bears significance as it predates the official formation of Apple Computer, Inc., which didn&#8217;t happen until April 1, 1976. On that date, Jobs, Wozniak, and Ronald Wayne formalized the partnership, distributing 45% of the company each to Jobs and Wozniak, with the remaining 10% going to Wayne.</p>



<p>Given its date and payee, the check likely covered costs associated with the circuit boards for the initial batch of Apple-1 Computers. These units were initially envisioned as kit-based products, for hobbyists to assemble. However, the project&#8217;s scope widened after a meeting with Paul Terrell, owner of The Byte Shop in Mountain View, one of the first-ever personal computer stores. This latest auction offers an extra rare opportunity to acquire extremely rare pieces of Apple&#8217;s early history, signifying the tech giant&#8217;s humble beginnings before it transformed into a worldwide phenomenon.</p>



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<p>(<a href="https://9to5mac.com/2023/07/31/apple-second-check-signed-by-jobs-and-woz-auction/">Via</a>)</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/08/01/apple-second-ever-check-auction/">Another Extremely Rare Piece of Apple Memorabilia is going up for Auction Soon</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Apple Sneakers: The Most Expensive Shoes You Could Ever Own Now on Auction</title>
		<link>https://www.gizmochina.com/2023/07/21/apple-computer-sneakers-auction/</link>
		
		<dc:creator><![CDATA[Oğuz Çakır]]></dc:creator>
		<pubDate>Fri, 21 Jul 2023 11:45:47 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Auction]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=552813</guid>

					<description><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-300x169.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple sneakers" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-747x420.jpg 747w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione.jpg 1280w" sizes="(max-width: 300px) 100vw, 300px" /><p>When it comes to Apple, most of us think of the iPhone, iPad, Mac, and AirPods. However, when we look back at the company&#8217;s history, we can see that Apple has produced many interesting products. Devices such as the Apple Newton, Lisa, and Pippin game console are now very rare and considered collector&#8217;s items. Therefore, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/07/21/apple-computer-sneakers-auction/">Apple Sneakers: The Most Expensive Shoes You Could Ever Own Now on Auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-300x169.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple sneakers" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-747x420.jpg 747w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione.jpg 1280w" sizes="(max-width: 300px) 100vw, 300px" />
<p>When it comes to Apple, most of us think of the <a href="https://www.gizmochina.com/tag/iphone/" target="_blank" rel="noreferrer noopener">iPhone</a>, <a href="https://www.gizmochina.com/tag/iPad/" target="_blank" rel="noreferrer noopener">iPad</a>, <a href="https://www.gizmochina.com/tag/mac/" target="_blank" rel="noreferrer noopener">Mac</a>, and <a href="https://www.gizmochina.com/tag/airpods/" target="_blank" rel="noreferrer noopener">AirPods</a>. However, when we look back at the company&#8217;s history, we can see that Apple has produced many interesting products. Devices such as the Apple Newton, Lisa, and Pippin game console are now very rare and considered collector&#8217;s items. Therefore, they sell for very high prices. However, the ultra-rare Apple sneakers that recently appeared on the market surpassed them all with a price of $50,000. Here are the details&#8230;</p>



<h2><strong>The Rainbow-Colored Apple Sneakers That Are Worth Their Weight in Gold</strong></h2>



<p>Retro Apple products are often in the headlines for being auctioned off for high prices. For example, we recently told you that a special <a href="https://www.gizmochina.com/2023/07/17/rare-and-sealed-first-generation-iphone-4gb-auctioned-at-a-record-breaking-price/" target="_blank" rel="noreferrer noopener">4GB</a> <a href="https://www.gizmochina.com/2023/07/17/rare-and-sealed-first-generation-iphone-4gb-auctioned-at-a-record-breaking-price/" target="_blank" rel="noreferrer noopener">version of the original iPhone was sold for a whopping $190,372</a>. Now, a new product has been added to the list: a pair of Apple Computer Sneakers from the mid-1990s that are now available for purchase. You may be wondering, &#8220;Did Apple produce shoes?&#8221; The answer to this question is a bit complicated.</p>



<figure class="wp-block-image size-large"><img loading="lazy" width="1024" height="576" src="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-1024x576.jpg?x10805" alt="" class="wp-image-552823" srcset="https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1-747x420.jpg 747w, https://www.gizmochina.com/wp-content/uploads/2023/07/apple-computer-sneakers-auctione-1.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



<p>Actually, Apple never produced shoes. However, the Apple Computer Sneakers were created in the mid-1990s as a promotional item for Apple employees. Only a small number of pairs were ever made. The sneakers are characterized by their white upper with a rainbow Apple logo on the tongue and lateral quarter. They also feature a faux &#8220;Air&#8221; cushioning window in the heel. Due to their limited availability, these sneakers are extremely valuable. One of them is now up for auction.</p>



<p>A pair of Apple Computer Sneakers are now available for purchase. They are brand new in the box and feature a white upper, white sole, and an iconic, old-school Apple logo on both the side and tongue. The singular pair of sneakers are available in size 10.5 (44 in European shoe size). The asking price for the sneakers is $50,000. Of course, this is a very high price for a shoe. However, it is important to remember that this product is not aimed at standard users like us, but at collectors.</p>



<p><strong>RELATED:</strong></p>



<ul><li><a href="https://www.gizmochina.com/guides/google-pixel-fold-vs-samsung-galaxy-z-fold4-specs-comparison/" target="_blank" rel="noreferrer noopener">Google Pixel Fold vs Samsung Galaxy Z Fold4: Specs Comparison</a></li><li><a href="https://www.gizmochina.com/2023/07/20/beats-studio-pro-headphones-spatial-audio-noise-reduction-announced/" target="_blank" rel="noreferrer noopener">Apple launches the Beats Studio Pro with spatial audio and noise reduction in China&#8230;</a></li><li><a href="https://www.gizmochina.com/2023/07/20/lenovo-lead-pc-market-apple-takes-hit/" target="_blank" rel="noreferrer noopener">Lenovo leads in PC shipments, but only Apple sees growth in the declining market</a></li><li><a href="https://www.gizmochina.com/2023/07/20/apple-ai-chatbot-ajax-under-development/" target="_blank" rel="noreferrer noopener">Apple’s Contender to ChatGPT Joins the Race with “Ajax” AI Chatbot</a></li><li><a href="https://www.gizmochina.com/2023/07/19/apple-watch-users-in-india-diagnosed-with-afib-can-now-track-their-afib-history/" target="_blank" rel="noreferrer noopener">Apple Watch Users In India Diagnosed With AFib Can Now Track Their AFib History</a></li></ul>



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Huawei nova 11 Pro Hands on: For The Vibrant Young" width="696" height="392" src="https://www.youtube.com/embed/wk1r2L0o0Ak?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
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<p>(<a href="https://appleinsider.com/articles/23/07/18/these-ultra-rare-apple-sneakers-can-be-yours----for-50000" target="_blank" rel="noreferrer noopener">via</a>)</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/07/21/apple-computer-sneakers-auction/">Apple Sneakers: The Most Expensive Shoes You Could Ever Own Now on Auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<title>Apple&#8217;s factory-sealed original iPhone auctions for $55,000</title>
		<link>https://www.gizmochina.com/2023/03/20/apple-original-iphone-55k/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Mon, 20 Mar 2023 08:36:57 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[First-gen iPhone]]></category>
		<category><![CDATA[iPhone]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=523717</guid>

					<description><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-300x169.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-300x169.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-768x432.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-696x392.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-747x420.webp 747w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction.webp 800w" sizes="(max-width: 300px) 100vw, 300px" /><p>Apple is getting ready to launch the iPhone 15 series later this year. But it seems that the value of the first gen iPhone is still much higher than any of its current iterations, with the latest auctions for the original iPhone brought bids that crossed a whopping 50,000 US Dollars. Previously, we had reported [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/03/20/apple-original-iphone-55k/">Apple&#8217;s factory-sealed original iPhone auctions for $55,000</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-300x169.webp?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-300x169.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-768x432.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-696x392.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-747x420.webp 747w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction.webp 800w" sizes="(max-width: 300px) 100vw, 300px" />
<p><a href="https://www.gizmochina.com/tag/apple/" target="_blank" rel="noreferrer noopener">Apple </a>is getting ready to launch the <a href="https://www.gizmochina.com/tag/apple-iphone-15/" target="_blank" rel="noreferrer noopener">iPhone 15</a> series later this year. But it seems that the value of the <a href="https://www.gizmochina.com/tag/first-gen-iphone/" target="_blank" rel="noreferrer noopener">first gen iPhone</a> is still much higher than any of its current iterations, with the latest auctions for the original iPhone brought bids that crossed a whopping 50,000 US Dollars.</p>



<p>Previously, we had reported on a first gen iPhone model that was still in the box <a href="https://www.gizmochina.com/2023/02/21/apple-iphone-auction-63000/">selling for over 63,000 US Dollars</a>, marking a sales record for this smartphone model. Now, another original iPhone model that is still factory sealed saw an auction bids hit 55,000 US Dollars. In the past, there have also been unopened original iPhones that sold for 35,000 US Dollars and 39,000 US Dollars. </p>



<div class="wp-block-image"><figure class="aligncenter size-full"><img loading="lazy" width="800" height="450" src="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction.webp?x10805" alt="Apple" class="wp-image-523719" srcset="https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction.webp 800w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-300x169.webp 300w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-768x432.webp 768w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-696x392.webp 696w, https://www.gizmochina.com/wp-content/uploads/2023/03/original-iphone-auction-747x420.webp 747w" sizes="(max-width: 800px) 100vw, 800px" /></figure></div>



<p>In other words, the value of the nearly 16 year old phone is continuing to rise even now. This trend isn&#8217;t just true for the Cupertino based giant&#8217;s smartphones but also some of its older products as well. This includes an &#8220;undiscovered&#8221; Apple-1 computer that was auctioned off for an unspecified but high sum. There was even an iPhone 11 model that sold for nearly 4,000 US Dollars since it was signed by Apple CEO Tim Cook. </p>



<p>Similarly, technical instructions from Steve Jobs (Founder of Apple) was sold for around 12,500 US Dollars while his business card was sold for a hefty sum of 6,188 US Dollars as well. The factory sealed iPhone that is being sold was owned by an Apple employee that got the device by working in the company. However, he already bought an iPhone back in 2007 so the spare model was never opened. And now, its value has sky rocketed over the original price tag.</p>



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<p>(<a href="https://www.macrumors.com/2023/03/17/original-iphone-auction-results/" target="_blank" rel="noreferrer noopener">Via</a>)</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2023/03/20/apple-original-iphone-55k/">Apple&#8217;s factory-sealed original iPhone auctions for $55,000</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<item>
		<title>Apple&#8217;s first ever iPhone sold for over $35,000 in the US</title>
		<link>https://www.gizmochina.com/2022/08/29/apples-first-ever-iphone-sold-for-over-35000-usd/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Mon, 29 Aug 2022 09:42:02 +0000</pubDate>
				<category><![CDATA[Apple]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Apple iPhone]]></category>
		<category><![CDATA[Auction]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=482342</guid>

					<description><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-300x169.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-747x420.jpg 747w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl.jpg 1280w" sizes="(max-width: 300px) 100vw, 300px" /><p>An auction has just sold one unopened first generation Apple iPhone model in the US for a whopping price tag of over 35,000 US Dollars. Alongside the smartphone, the auction also sold a first ever iPod model as well for an eye watering price tag too. The unopened first ever iPhone was sold for a [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2022/08/29/apples-first-ever-iphone-sold-for-over-35000-usd/">Apple&#8217;s first ever iPhone sold for over $35,000 in the US</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="169" src="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-300x169.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Apple" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-747x420.jpg 747w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl.jpg 1280w" sizes="(max-width: 300px) 100vw, 300px" /><p>An auction has just sold one unopened first generation <a href="https://www.gizmochina.com/tag/apple-iphone/" target="_blank" rel="noopener">Apple iPhone</a> model in the US for a whopping price tag of over 35,000 US Dollars. Alongside the smartphone, the auction also sold a first ever iPod model as well for an eye watering price tag too.</p>
<p><img loading="lazy" class="aligncenter wp-image-466390 size-full" src="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl.jpg?x10805" alt="Apple" width="1280" height="720" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl.jpg 1280w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-300x169.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1024x576.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-768x432.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-696x392.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-1068x601.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/48985-95806-First-Gen-iPhone-xl-747x420.jpg 747w" sizes="(max-width: 1280px) 100vw, 1280px" /></p>
<p>The unopened first ever iPhone was sold for a price tag of 35,414 US Dollars, while the first generation iPod was sold for 25,000 US Dollars in the auction. For those unaware, the first gen iPod was released back in 2001 and the first iPhone was announced back in 2007. The iPhone was sold by RR Auction and marks a new milestone for rare gadgets being auctioned around the world.</p>
<p>Price for antique technology have already gone up to millions of dollars. The latest auction of the unopened iPhone was actually unique since it included an original circuit board of the Apple I computer, which was also hand soldered by Apple co founder, Stephen Wozniak and was sold for 677,196 US Dollars. For its time, the iPhone was quite an advanced mobile phone that came with a 2 megapixel camera, voice mail support, and much more.</p>
<p>As stated above, the sale of this iPhone also marks a major milestone for the history of personal technology. Apart from its premium price tag, the original iPhone was also a game changer back when it first launched since it came with an all touchscreen functionality, which all smartphone brands followed soon after.</p>
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<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2022/08/29/apples-first-ever-iphone-sold-for-over-35000-usd/">Apple&#8217;s first ever iPhone sold for over $35,000 in the US</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<item>
		<title>Nothing Phone (1) auctions have buyers bid over $2,600 for the new phone</title>
		<link>https://www.gizmochina.com/2022/06/23/nothing-phone-1-auction-buyers-bid-over-2600/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Thu, 23 Jun 2022 07:28:26 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Nothing]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[Nothing Phone (1)]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=466722</guid>

					<description><![CDATA[<img width="300" height="158" src="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-300x158.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing Phone (1) hands-on rear" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-300x158.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1024x539.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-768x404.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1536x809.jpg 1536w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-696x367.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1068x562.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-798x420.jpg 798w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear.jpg 1749w" sizes="(max-width: 300px) 100vw, 300px" /><p>Nothing is gearing up to launch its first ever smartphone in a couple of weeks. However, prior to its launch, the company had recently announced an auction for the first 100 units of the Phone (1) model, and now, the highest bids have crossed a whopping 2,600 US Dollars. For those unaware, the company had [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2022/06/23/nothing-phone-1-auction-buyers-bid-over-2600/">Nothing Phone (1) auctions have buyers bid over $2,600 for the new phone</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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										<content:encoded><![CDATA[<img width="300" height="158" src="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-300x158.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing Phone (1) hands-on rear" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-300x158.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1024x539.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-768x404.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1536x809.jpg 1536w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-696x367.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1068x562.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-798x420.jpg 798w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear.jpg 1749w" sizes="(max-width: 300px) 100vw, 300px" /><p><a href="https://www.gizmochina.com/tag/nothing/" target="_blank" rel="noopener">Nothing</a> is gearing up to launch its first ever smartphone in a couple of weeks. However, prior to its launch, the company had recently <a href="https://www.gizmochina.com/2022/06/17/first-100-units-nothing-phone-1-auctioned-june-21/" target="_blank" rel="noopener">announced an auction for the first 100 units</a> of the Phone (1) model, and now, the highest bids have crossed a whopping 2,600 US Dollars.</p>
<p><img loading="lazy" class="aligncenter wp-image-466494 size-full" src="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on.jpg?x10805" alt="Nothing Phone (1) hands-on" width="1526" height="902" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on.jpg 1526w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-300x177.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-1024x605.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-768x454.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-696x411.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-1068x631.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-711x420.jpg 711w" sizes="(max-width: 1526px) 100vw, 1526px" /></p>
<p>For those unaware, the company had began the auctions on the 21st of June 2022, which was set to be live till June 23rd. This auction was hosted on StockX and included limited edition models that have laser engraved numbers ranging from 1 to 100. It isn&#8217;t surprising that a number of people bid for these limited edition Phone (1) models owing to the amount of hype Nothing has created through its marketing strategies.</p>
<p>Thus, the bids have skyrocketed well past the smartphone&#8217;s actual retail value, with the highest bids hitting a whopping 2,679 US Dollars. Interestingly, this is closer to the price tag of high end foldable smartphones like the top end variant of the <a href="https://www.gizmochina.com/product/samsung-galaxy-z-fold3-5g/" target="_blank" rel="noopener">Samsung Galaxy Z Fold 3</a>. After the auction ends, the company has promised to ship the smartphone to the one that bids the highest within 35 working days.</p>
<p><img loading="lazy" class="aligncenter wp-image-466493 size-full" src="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear.jpg?x10805" alt="Nothing Phone (1) hands-on rear" width="1749" height="921" srcset="https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear.jpg 1749w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-300x158.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1024x539.jpg 1024w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-768x404.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1536x809.jpg 1536w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-696x367.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-1068x562.jpg 1068w, https://www.gizmochina.com/wp-content/uploads/2022/06/Nothing-Phone-1-hands-on-rear-798x420.jpg 798w" sizes="(max-width: 1749px) 100vw, 1749px" /></p>
<p>Despite the handset crossing the 2,600 US Dollars mark, it is believed to actually be priced somewhere under 400 US Dollars in retail. So stay tuned for more, as we will be covering any notable updates regarding the device before its July 12 launch.</p>
<p><strong>RELATED:</strong></p>
<ul>
<li><a href="https://www.gizmochina.com/2022/06/23/nothing-phone-1-will-initially-be-sold-to-limited-people-through-an-invite-system/" target="_blank" rel="noopener">Nothing Phone (1) will initially be sold to limited people through an Invite system</a></li>
<li><a href="https://www.gizmochina.com/2022/06/23/nothing-phone-1-listed-on-geekbench-with-snapdragon-778-soc-and-8gb-ram/" target="_blank" rel="noopener">Nothing Phone (1) Listed on Geekbench with Snapdragon 778+ Soc and 8GB RAM</a></li>
<li><a href="https://www.gizmochina.com/2022/06/22/nothing-phone-1-hands-on-video-emerges-to-reveal-design-from-all-angles/" target="_blank" rel="noopener">Nothing Phone (1) hands on video emerges to reveal design from all angles</a></li>
<li><a href="https://www.gizmochina.com/2022/06/22/nothing-phone-1-bags-tuv-sud-certification-ahead-of-july-12-launch/" target="_blank" rel="noopener">Nothing Phone (1) bags TUV SUD certification ahead of July 12 Launch</a></li>
<li><a href="https://www.gizmochina.com/2022/06/17/first-100-units-nothing-phone-1-auctioned-june-21/" target="_blank" rel="noopener">First 100 units of the Nothing Phone (1) will be auctioned on June 21</a></li>
</ul>
<p><iframe loading="lazy" title="Realme GT Neo 3T Review: Great Value For Money" width="696" height="392" src="https://www.youtube.com/embed/jggIJ-8PYDo?start=350&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></p>
<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2022/06/23/nothing-phone-1-auction-buyers-bid-over-2600/">Nothing Phone (1) auctions have buyers bid over $2,600 for the new phone</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<title>Nothing Ear 1 hype has auction bids reach over 10 times the retail price</title>
		<link>https://www.gizmochina.com/2021/07/21/nothing-ear-1-hype-auction-reach-10x-retail-price/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Wed, 21 Jul 2021 12:10:42 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Nothing]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[Nothing Ear 1]]></category>
		<category><![CDATA[Nothing Ear 1 True Wireless Earbuds]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=401188</guid>

					<description><![CDATA[<img width="300" height="215" src="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-300x215.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing Ear 1" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-300x215.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-696x500.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-585x420.jpg 585w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1.jpg 710w" sizes="(max-width: 300px) 100vw, 300px" /><p>The Nothing startup from the former OnePlus Founder, Carl Pei, has certainly generated tremendous hype around it, but this is even more evident considering auctions for its Nothing Ear 1 TWS earbuds limited editions have already reached prices over ten times its original retail value. As per the auction listing on StockX, the startup&#8217;s first [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/07/21/nothing-ear-1-hype-auction-reach-10x-retail-price/">Nothing Ear 1 hype has auction bids reach over 10 times the retail price</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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										<content:encoded><![CDATA[<img width="300" height="215" src="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-300x215.jpg?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing Ear 1" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-300x215.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-696x500.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-585x420.jpg 585w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1.jpg 710w" sizes="(max-width: 300px) 100vw, 300px" /><p>The <a href="https://www.gizmochina.com/tag/nothing/" target="_blank" rel="noopener noreferrer">Nothing</a> startup from the former OnePlus Founder, <a href="https://www.gizmochina.com/tag/carl-pei/" target="_blank" rel="noopener noreferrer">Carl Pei</a>, has certainly generated tremendous hype around it, but this is even more evident considering <a href="https://www.gizmochina.com/2021/07/15/heres-your-chance-to-grab-nothing-earbuds/" target="_blank" rel="noopener noreferrer">auctions for its Nothing Ear 1 TWS earbuds limited editions</a> have already reached prices over ten times its original retail value.</p>
<p>As per the auction listing on <a href="https://stockx.com/dropx-exclusive-nothing-the100-ear-1-serialized" target="_blank" rel="noopener noreferrer"><em>StockX</em></a>, the startup&#8217;s first product, the true wireless earbuds, has recorded the highest bid of 1,029 US Dollars. This is more than 10 times its original retail price, which is set at 99 US Dollars. While the earbuds will practically be the same as the ones that will go on sale from July 27, these are limited editions and are serialized between 1 to 100. In other words, it is likely to be highly sought after by enthusiasts that can&#8217;t wait to get their hands on the new Ear 1 TWS earbuds.</p>
<p><img loading="lazy" class="aligncenter wp-image-400573 size-full" src="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1.jpg?x10805" alt="Nothing Ear 1" width="710" height="510" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1.jpg 710w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-300x215.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-696x500.jpg 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/nothing-ear-1-case-1-585x420.jpg 585w" sizes="(max-width: 710px) 100vw, 710px" /></p>
<p>The auction will be over tomorrow, so for those interested, you still have a chance on grabbing a limited edition pair. Carl Pei has been quite secretive with Nothing&#8217;s first product, but the official did reveal <a href="https://www.gizmochina.com/2021/07/21/nothing-ear-1-anc-36hrs-battery-carl-pei/" target="_blank" rel="noopener noreferrer">key specifications of the earbuds in a recent interview</a>. The Ear 1 TWS earbuds will arrive with active noise cancellation support and will offer up to 36 hours of battery life depending on use.</p>
<p><strong>RELATED:</strong></p>
<ul>
<li><a href="https://www.gizmochina.com/2021/07/21/nothing-ear-1-anc-36hrs-battery-carl-pei/" target="_blank" rel="noopener noreferrer">Carl Pei reveals battery life and noise cancellation feature of Nothing Ear 1 TWS</a></li>
<li><a href="https://www.gizmochina.com/2021/07/19/here-is-a-better-look-at-the-case-of-the-nothing-ear-1-earbuds/" target="_blank" rel="noopener noreferrer">Here is a better look at the case of the Nothing ear (1) earbuds</a></li>
<li><a href="https://www.gizmochina.com/2021/07/12/nothing-ear-1-earbuds-price-india-cheaper-us-europe-uk-prices/" target="_blank" rel="noopener noreferrer">Nothing Ear (1) TWS earbuds price in India revealed: Cheaper than the US, UK &amp;amp; Europe&#8217;s</a></li>
<li><a href="https://www.gizmochina.com/2021/07/19/oneplus-nord-n10-5g-first-only-upgrade-android-11/" target="_blank" rel="noopener noreferrer">OnePlus Nord N10 5G has reportedly started receiving its first &amp;amp; only upgrade to Android 11</a></li>
</ul>
<p><iframe loading="lazy" title="Gizmochina Awards – Best Smartphones of H1 2021" width="696" height="392" src="https://www.youtube.com/embed/dlW71AL8yQo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe></p>
<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/07/21/nothing-ear-1-hype-auction-reach-10x-retail-price/">Nothing Ear 1 hype has auction bids reach over 10 times the retail price</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<title>Here&#8217;s your chance to grab the Nothing Earbuds, but there&#8217;s a catch</title>
		<link>https://www.gizmochina.com/2021/07/15/heres-your-chance-to-grab-nothing-earbuds/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Thu, 15 Jul 2021 08:03:02 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Nothing]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[Nothing Ear 1 True Wireless Earbuds]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=399976</guid>

					<description><![CDATA[<img width="300" height="89" src="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-300x89.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-300x89.png 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-768x229.png 768w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1024x305.png 1024w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-696x207.png 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1068x318.png 1068w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1410x420.png 1410w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton.png 1440w" sizes="(max-width: 300px) 100vw, 300px" /><p>Earlier this year, Carl Pei, the former OnePlus co-founder, had revealed his new tech startup dubbed Nothing and revealed that its first product will be wireless earbuds. Now, the startup has offered a chance to grab this product early, but it has a catch. Remember how OnePlus first launched its smartphones with an invite system [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/07/15/heres-your-chance-to-grab-nothing-earbuds/">Here&#8217;s your chance to grab the Nothing Earbuds, but there&#8217;s a catch</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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										<content:encoded><![CDATA[<img width="300" height="89" src="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-300x89.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Nothing" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-300x89.png 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-768x229.png 768w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1024x305.png 1024w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-696x207.png 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1068x318.png 1068w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1410x420.png 1410w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton.png 1440w" sizes="(max-width: 300px) 100vw, 300px" /><p>Earlier this year, <a href="https://www.gizmochina.com/2021/01/27/carl-peis-new-startup-is-called-nothing-yes-nothing/" target="_blank" rel="noopener noreferrer">Carl Pei, the former OnePlus co-founder, had revealed his new tech startup</a> dubbed Nothing and revealed that its <a href="https://www.gizmochina.com/2021/02/09/370285-carl-pei-nothing-gv-15m-invement-first-product-wireless-earbuds/" target="_blank" rel="noopener noreferrer">first product will be wireless earbuds</a>. Now, the startup has offered a chance to grab this product early, but it has a catch.</p>
<p><img loading="lazy" class="size-full wp-image-399384 aligncenter" src="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-ear-1-India-price-1.jpg?x10805" alt="Nothing Ear (1) TWS earbuds" width="800" height="356" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-ear-1-India-price-1.jpg 800w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-ear-1-India-price-1-300x134.jpg 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-ear-1-India-price-1-768x342.jpg 768w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-ear-1-India-price-1-696x310.jpg 696w" sizes="(max-width: 800px) 100vw, 800px" /></p>
<p>Remember how OnePlus first launched its smartphones with an invite system during its initial years, well, Nothing is following a similar unique system to offer people a chance at buying their product. But rather than an invite system, the firm is starting an auction for those that can&#8217;t wait to get their hands on the new truly wireless earbuds. For those unaware, the hearables in question are the <a href="https://www.gizmochina.com/tag/nothing-ear-1-tws-earbuds/" target="_blank" rel="noopener noreferrer">Nothing Ear (1) TWS earbuds</a>.</p>
<p>While the earbuds are set to launch on 27th July 2021 in various regions, the company is hosting an auction for the first 100 pairs of ear (1) true wireless earbuds. These earphones will be auctioned on DropX at 9 AM ET on Monday and are clearly aimed at enthusiasts that seek to buy the product before anyone else. While the first 100 Nothing ear (1) true wireless earbuds are not a special variant and will be the same as the ones that will be sold after, the product will feature a unique engraving between 1 to 100 based on their final sale price.</p>
<p><img loading="lazy" class="size-full wp-image-400059 aligncenter" src="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton.png?x10805" alt="Nothing" width="1440" height="429" srcset="https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton.png 1440w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-300x89.png 300w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-768x229.png 768w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1024x305.png 1024w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-696x207.png 696w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1068x318.png 1068w, https://www.gizmochina.com/wp-content/uploads/2021/07/Nothing-Earbuds-StockX-Auciton-1410x420.png 1410w" sizes="(max-width: 1440px) 100vw, 1440px" /></p>
<p>As per Akis Evangelidis, Head of Marketing and Co-Founder of the startup, &#8220;We&#8217;re conducting an auction exclusively on StockX, which means our communities will have a chance to purchase Ear (1) before anyone else and also before it is fully revealed.&#8221; Similarly, StockX Chief Marketing Officer Deena Bahri added that &#8220;From sneakers and apparel to collectibles and now electronics, we are committed to bringing customers and culturally relevant brands together on our marketplace. Nothing was the perfect partner to launch our very first electronics DropX and help demonstrate how StockX connects consumers to innovative technology.”</p>
<p><strong>RELATED:</strong></p>
<ul>
<li><a href="https://www.gizmochina.com/2021/07/12/nothing-ear-1-earbuds-price-india-cheaper-us-europe-uk-prices/" target="_blank" rel="noopener noreferrer">Nothing Ear (1) TWS earbuds price in India revealed: Cheaper than the US, UK &amp;amp; Europe’s</a></li>
<li><a href="https://www.gizmochina.com/2021/07/06/carl-pei-reveals-features-and-price-of-the-nothing-ear-1/" target="_blank" rel="noopener noreferrer">Carl Pei reveals features and price of the Nothing ear (1)</a></li>
<li><a href="https://www.gizmochina.com/2021/06/29/nothing-ear-1-gets-a-july-27-launch-date/" target="_blank" rel="noopener noreferrer">Nothing ear (1) gets a July 27 launch date</a></li>
</ul>
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<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/07/15/heres-your-chance-to-grab-nothing-earbuds/">Here&#8217;s your chance to grab the Nothing Earbuds, but there&#8217;s a catch</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<title>Indian telecoms raise 4G capacity as 5G excluded from recent spectrum auction</title>
		<link>https://www.gizmochina.com/2021/03/03/indian-telecos-raise-4g-as-5g-excluded-spectrum-auction/</link>
		
		<dc:creator><![CDATA[Sean]]></dc:creator>
		<pubDate>Wed, 03 Mar 2021 11:44:56 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[5G]]></category>
		<category><![CDATA[Airtel]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Reliance Jio]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=374548</guid>

					<description><![CDATA[<img width="300" height="225" src="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-300x225.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Reliance Jio" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-300x225.png 300w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-80x60.png 80w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-265x198.png 265w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-560x420.png 560w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1.png 600w" sizes="(max-width: 300px) 100vw, 300px" /><p>With 5G spectrum auctions set to start in a year, Indian telecom operators have raised their 4G capacities. The recent spectrum auctions excluded the newer and faster bandwidth, but offers for 4G spectrum has still seen high biddings. According to the LiveMint report, the results of the recent auctions came as a surprise as the [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/03/03/indian-telecos-raise-4g-as-5g-excluded-spectrum-auction/">Indian telecoms raise 4G capacity as 5G excluded from recent spectrum auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="225" src="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-300x225.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="Reliance Jio" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-300x225.png 300w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-80x60.png 80w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-265x198.png 265w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-560x420.png 560w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1.png 600w" sizes="(max-width: 300px) 100vw, 300px" /><p>With 5G spectrum auctions set to start in a year, Indian telecom operators have raised their 4G capacities. The recent spectrum auctions excluded the newer and faster bandwidth, but offers for 4G spectrum has still seen high biddings.</p>
<p><img loading="lazy" class="aligncenter wp-image-312564 size-full" src="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1.png?x10805" alt="5G" width="600" height="450" srcset="https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1.png 600w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-300x225.png 300w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-80x60.png 80w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-265x198.png 265w, https://www.gizmochina.com/wp-content/uploads/2020/03/Reliance-Jio-1-560x420.png 560w" sizes="(max-width: 600px) 100vw, 600px" /></p>
<p>According to the <a href="https://www.livemint.com/market/mark-to-market/5g-can-wait-indian-telcos-beef-up-4g-capacity-in-spectrum-auctions-11614664884771.html" target="_blank" rel="noopener noreferrer"><em>LiveMint</em> </a>report, the results of the recent auctions came as a surprise as the local government received bids worth 77,815 crore INR (roughly 10.6 billion US Dollars). This signifies that the telecom operators are bidding on what&#8217;s currently available rather than waiting for the next auction, which would include 5G spectrums. Notably, the figure is also much higher than what the government had previously estimated to receive. A few of the bids were for renewal of spectrums, but a majority were for growth.</p>
<p>As per the report, the auction saw a more aggressive response than what was expected, with the total bids being over 70 percent higher than the renewal spectrum requirement. Furthermore, <a href="https://www.gizmochina.com/tag/reliance-jio/" target="_blank" rel="noopener noreferrer">Reliance Jio</a> spent the most during the auction, spending 800MHz on renewals worth 20,000 crore INR, and even raised its Sub GHz capacity for better indoor coverage. The company has even spend a lot on capacity spectrum in the 2300MHz band, along with the mid range 1800MHz.</p>
<p><img loading="lazy" class="aligncenter wp-image-219843 size-full" src="https://www.gizmochina.com/wp-content/uploads/2018/10/5g-infrastructure.jpg?x10805" alt="5G" width="600" height="400" srcset="https://www.gizmochina.com/wp-content/uploads/2018/10/5g-infrastructure.jpg 600w, https://www.gizmochina.com/wp-content/uploads/2018/10/5g-infrastructure-300x200.jpg 300w" sizes="(max-width: 600px) 100vw, 600px" /></p>
<p>On the other hand, <a href="https://www.gizmochina.com/tag/airtel/" target="_blank" rel="noopener noreferrer">Bharti Airtel</a> spent an amount far lower than Jio, amounting to only 18,699 crore INR in the overall auctions. This arrives as the company&#8217;s data volumes grew by 52 percent last year, much higher than the 22 percent growth in data volumes on Jio&#8217;s wireless network, which also appeared to have capacity constraints as well.</p>
<p><strong>RELATED:</strong></p>
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<li><a href="https://www.gizmochina.com/2021/03/01/reliance-partner-google-facebook-digital-payment-network/" target="_blank" rel="noopener noreferrer">Reliance partners with Google &amp;amp; Facebook for a digital payment network: Report</a></li>
<li><a href="https://www.gizmochina.com/2021/02/26/huawei-no-ban-brazil-approve-5g-spectrum-auction-rules/" target="_blank" rel="noopener noreferrer">Huawei won&#8217;t face a ban in Brazil, regulator approves 5G Spectrum auction rules</a></li>
<li><a href="https://www.gizmochina.com/2021/03/03/india-tesla-incentives-cheaper-production-costs-china/" target="_blank" rel="noopener noreferrer">India pursues Tesla with incentives like cheaper production costs than China</a></li>
</ul>
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<p>&nbsp;</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2021/03/03/indian-telecos-raise-4g-as-5g-excluded-spectrum-auction/">Indian telecoms raise 4G capacity as 5G excluded from recent spectrum auction</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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		<title>Over 1350 trademarks held by LeTV is being auctioned off in China</title>
		<link>https://www.gizmochina.com/2020/06/30/letv-trademarks-being-auctioned-off-china/</link>
		
		<dc:creator><![CDATA[Jeet]]></dc:creator>
		<pubDate>Tue, 30 Jun 2020 05:41:44 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[LeEco]]></category>
		<category><![CDATA[LeTV]]></category>
		<category><![CDATA[trademark]]></category>
		<guid isPermaLink="false">https://www.gizmochina.com/?p=329702</guid>

					<description><![CDATA[<img width="300" height="300" src="https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-300x300.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-300x300.png 300w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-150x150.png 150w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1.png 1024w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-420x420.png 420w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-640x640.png 640w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-681x681.png 681w" sizes="(max-width: 300px) 100vw, 300px" /><p>LeEco, the Chinese company which dared to take on the likes of Netflix and Tesla and called Apple as &#8220;outdated&#8221; at the same time, was making quite a progress. But suddenly, the world of LeEco, earlier known as LeTV, crumbled as the company faced a number of setbacks. It was growing too fast without a [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2020/06/30/letv-trademarks-being-auctioned-off-china/">Over 1350 trademarks held by LeTV is being auctioned off in China</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
]]></description>
										<content:encoded><![CDATA[<img width="300" height="300" src="https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-300x300.png?x10805" class="webfeedsFeaturedVisual wp-post-image" alt="" loading="lazy" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" srcset="https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-300x300.png 300w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-150x150.png 150w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1.png 1024w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-420x420.png 420w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-640x640.png 640w, https://www.gizmochina.com/wp-content/uploads/2015/03/letv-logo1-681x681.png 681w" sizes="(max-width: 300px) 100vw, 300px" /><p>LeEco, the Chinese company which dared to take on the likes of Netflix and Tesla and called <a href="https://www.gizmochina.com/tag/apple">Apple</a> as &#8220;outdated&#8221; at the same time, was making quite a progress. But suddenly, the world of LeEco, earlier known as LeTV, crumbled as the company faced a number of setbacks. It was growing too fast without a solid financial foundation.</p>
<p>The company is now facing a number of lawsuits in its home country from various vendors, although the same has been going on for years now. In the latest development, Jingdong Judicial Auction listed 1,354 patents held by <a href="https://www.gizmochina.com/tag/letv">LeTV</a> Information Technology (Beijing) Co. for judicial auction.</p>
<p><img loading="lazy" class="size-full wp-image-329706 aligncenter" src="https://www.gizmochina.com/wp-content/uploads/2020/06/LeTV-Trademark-Auction.jpg?x10805" alt="LeTV Trademark Auction" width="630" height="326" srcset="https://www.gizmochina.com/wp-content/uploads/2020/06/LeTV-Trademark-Auction.jpg 630w, https://www.gizmochina.com/wp-content/uploads/2020/06/LeTV-Trademark-Auction-300x155.jpg 300w" sizes="(max-width: 630px) 100vw, 630px" /></p>
<p>The listing had a starting price of 136,000 yuan (approximately $19,240) and the current bid for the trademarks has reached 113 million yuan. It began the bidding process on 29th June at 10:00 AM local time and the process was closed today, i.e. on 30th June at 10:00 AM local time.</p>
<p>The process seems to have attracted more than 90,000 people but only 105 signed up for the bidding. This first auction of the company&#8217;s assets and IP includes <a href="https://www.gizmochina.com/tag/trademark/">trademarks</a> like &#8220;LeTV TV&#8221; and &#8220;LeTV Super TV&#8221; among others.</p>
<p>The auction process for the trademarks was based on the increased-price method where a reserved price is set and then each bid increases the price by at least 500 yuan (~$71). The competition among the bidders is fierce given that most bids were only a minute apart and the bid has been increased by 800 times compared to the reserved price.</p>
<h6 class="related"><strong>EDITOR&#8217;S PICK: <a href="https://www.gizmochina.com/2020/06/30/samsung-galaxy-note20-sd865-plus-camera-focusing-solved/">Samsung Galaxy Note20, powered by SD865+ SoC, has improved camera focusing ability</a></strong></h6>
<p>Earlier this month, the auction of around 22.1 million shares of <a href="https://www.gizmochina.com/tag/leeco">LeEco</a> held by Jia Yueting, the company&#8217;s founder, took place on 13th June and 14th June. Despite over 14,000 people interested, none of them participated in the bidding process.</p>
<p>The auction price of the share was decided based on the average closing price of 20 trading days before the trading was suspended. With the price of 2.51 yuan (~$0.36) per share, the total comes down to 55.47 million yuan.</p>
<p>It&#8217;s noteworthy that the auction price almost doubles the price of the share from the 1.69 yuan per share cost on the last trading day before LeTV&#8217;s suspension. The company entered the delisting consolidation period on 5th June and thus, the LETV stock trading was suspended in <a href="https://www.gizmochina.com/tag/china">China</a>. By the end of 12th June, the company&#8217;s share price fell below 0.9 yuan (~$0.13) per share, bringing down the market value to 3.59 billion yuan.</p>
<h6 class="related"><strong>UP NEXT: <a href="https://www.gizmochina.com/2020/06/30/realme-c11-debuts-with-6-5-inch-display-helio-g35-5000mah-battery-13mp-dual-cameras-for-100/">Realme C11 debuts with a 6.5-inch display, Helio G35, 5,000mAh battery, 13MP dual cameras for ~$100</a></strong></h6>
<p>(<a href="https://www.cnbeta.com/articles/tech/997255.htm">Via</a>)</p>
<p>The post <a rel="nofollow" href="https://www.gizmochina.com/2020/06/30/letv-trademarks-being-auctioned-off-china/">Over 1350 trademarks held by LeTV is being auctioned off in China</a> appeared first on <a rel="nofollow" href="https://www.gizmochina.com">Gizmochina</a>.</p>
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