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Archive for November, 2016

Earliest known Nikon camera fetches over $400,000 in Austrian auction

by on Nov.30, 2016, under Reviews

A Nikon 1 camera sold at auction in Austria this month has become the most expensive Nikon ever, achieving a sale price of €384,000 (approx $406,000) – double the expected maximum estimate. The camera, which is said to be only the third Nikon body ever made, is the earliest known surviving Nikon camera having been made in occupied Japan in April 1948. It was matched with the 11th 5cm F2 Nikkor H lens ever made.

Originally this rangefinder camera was known simply as the Nikon, but in later years it took on the name Nikon 1 as additional cameras, such as the M and S, were produced. Only available in Japan at first, Nikon came to the attention of the rest of the world when Life photographer David Douglas Duncan came across Nikkor lenses while covering the Korean war and spread the word among other press photographers.

The Nikon 1 camera is similar in design to the German Contax but used a 24x32mm film frame. This ultimately meant that it wasn’t taken up beyond Japan, and America wouldn’t allow the company to export to US because the film frames didn’t fit Kodak slide mounts. As a consequence the Nikon M was introduced in late 1949, which created standard 24x36mm frames. Japan finally got its way though, as many of us now use Micro Four Thirds and 6×4.5cm sensors with the same 3:4 ratio as that original 24x32mm film frame.

E. Leitz New York Leica Gun RITEL *

Second version of the famous RIFLE for the 40cm Telyt in 100% original, very fine and perfect working condition. Special viewfinder engraved ‘E.LEITZ INC. NEW-YORK PATENT PENDING’, modified PLOOT mirror housing no. 2486, special extended bottom plate, special leather belt, modified Leica IIIa no.235568, Telyt 5/40cm no.492069 with hood and cap, complete with extremely rare carrying case NUFIR. This is the only set in this combination we know to exist !

Leica M3 black paint ‘Herbert List’

Extremely rare and fully original double-stroke black paint M3 with black film counter and all early features of these un-official pre-series black cameras, the camera was delivered on March 15th, 1958 to Tiranty, Paris (code “Igemo” for black paint M3), with rigid Summicron 5cm no.1510883 (IROOA hood) – only about 90 of these pre-series cameras were produced, much less are known to exist. Camera and lens were owned and used for many years by the famous German photographer Herbert List (1903 – 1975) who worked for magazines, including Vogue, Harper’s Bazaar, and Life, and was associated with Magnum Photos.

The sale took place at the WestLicht Photographica auction along with a collection of 685 other lots of cameras, lenses, accessories and prints, including two Leitz New York Leica Gun rifles which sold for €168,000 each and a Leica M3 in black paint that belonged to Magnum photographer Herbert List – which reached €78,000.

For more information on the Nikon 1 auction and the other items visit the WestLicht

Auction notes

Nikon One

The earliest known surviving production Nikon in the world! Nikon started in March 1948 to assemble cameras (with serial number 60922). The offered camera is one of two cameras made in April 1948 and the 3rd of all Nikon production cameras. It comes with the original early Nikkor-H 2/5cm no.70811 (this is the 11th lens made, with matching Nikon cap) and is still in fantastic original condition. As all very early cameras it has the “8” screw front plate and sharp corner edges on top plate. The camera has still the original shutter. The interior shows the single pair of guide rails, with removable take-up spool. The baseplate with large ‘MADE IN OCCUPIED JAPAN’ engraving. It comes with the original and extremely rare double strap everready case. Published in: ‘The Complete Nikon rangefinder System’ by Robert R. Rotoloni (ps 51-59), ‘Nikon 100 Anniversary’ by Uli Koch (p 68) – provenience: collection of the famous Japanese collector Tad Sato.
World records at WestLicht Anniversary Auctions

Post sale report

384,000 Euro for the earliest Nikon camera

A Nikon One climbed from 90,000 to 384,000 Euro, the highest price ever paid for a camera from the long-standing Japanese manufacturer at an auction. The world record was achieved at the 30th Camera Auction in WestLicht’s 15th year. The record lot is the earliest known surviving example of a Nikon camera in the world, manufactured in April 1948 as the third ever serially produced camera by Nikon. This was also an early birthday present for Nikon company, which will celebrate its 100th anniversary in 2017.

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GoPro ‘restructuring’ effort will layoff 200 full-time employees

by on Nov.30, 2016, under Reviews

GoPro has announced plans to restructure the company, saying it will layoff 200 full-time workers, close its entertainment division, reduce its facilities, and cancel open positions. By doing these things, GoPro will reduce its workforce by 15% and will, it anticipates, reduce its non-GAAP operating expenses next year.

GoPro announced the news today as part of its quarterly earnings report. According to the company, GoPro camera sales in the U.S. were up more than 35% this past Black Friday in comparison to the same time period last year. However, its turbulent financial state over the past year has spurred the company to make some big changes.

In addition to shedding 15% of its workforce, GoPro President Tony Bates will step down from his position at the end of 2016. GoPro didn’t provide a reason for his departure. Assuming all goes as planned, GoPro expects to reach non-GAAP profitability next year, with its full 2017 non-GAAP operating expenses dropping to about $650 million.

Press release

Solid Holiday Demand In The U.S. For GoPro HERO5

Nov 30, 2016

Week of Black Friday Camera Unit Sales Up 35% YoY in U.S.
Company Restructuring to Reduce Operating Expenses and Improve Efficiency

SAN MATEO, Calif., Nov. 30, 2016 /PRNewswire/ — GoPro Inc. (NASDAQ: GPRO) today announced solid holiday quarter sell-thru in the U.S. for its new HERO5 cameras.

Based on internal data, GoPro’s week of Black Friday camera unit sales were up more than 35% year-over-year at leading U.S. retailers. Thanksgiving through Cyber Monday sales of camera units at were up approximately 33% year-over-year. According to the NPD Group, since the launch on October 2, HERO5 Black has been the best-selling Digital Imaging device in the United States.

HERO5 cameras are available at major US retailers including Amazon, Best Buy, Target and Walmart.

“We have a lot of work to do to finish the quarter and our fiscal year, however our HERO5 cameras have been very well-received by critics and consumers alike,” said Nicholas Woodman, Founder & CEO of GoPro. “Both HERO5 cameras can now auto-offload new content to the cloud and our Quik mobile app makes accessing and editing your footage fun. Its clear consumers are excited about these new features.”

GoPro also announced a company-wide restructuring that will reduce full-year 2017 non-GAAP operating expenses to approximately $650 million (GAAP: $735 million) and achieve its goal of returning to non-GAAP profitability in 2017. The restructuring includes the closure of its entertainment division, facilities reductions, and the elimination of more than 200 full-time positions plus the cancelation of open positions for a reduction in force of approximately 15 percent.

Additionally, Tony Bates will depart his position as president of the Company at the end of the year. “My time at GoPro has been an incredible experience,” said Tony Bates. “In the past three years, GoPro has seen enormous progress in camera technology, software and international growth. Today GoPro has a solid leadership team deeply focused on its core business and profitability.”

GoPro estimates that it will incur total aggregate charges of approximately $24 million to $33 million for the restructuring, including approximately $13 million to $18 million of cash expenditures as a result of the workforce restructuring, substantially all of which are severance costs, and approximately $11 million to $15 million of non-cash expenditures, consisting primarily of stock-based compensation expense and accelerated depreciation associated with office consolidations. The company expects to recognize most of the restructuring charges in Q4 2016.

“Consumer demand for GoPro is solid and we’ve sharply narrowed our focus to concentrate on our core business,” said Nicholas Woodman. “We are headed into 2017 with a powerful global brand, our best ever products, and a clear roadmap for restored growth and profitability in 2017.”

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Meizu Pro 6 Plus features 12MP Sony sensor and LED ring flash

by on Nov.30, 2016, under Reviews

Chinese smartphone maker Meizu has today unveiled the Pro 6 Plus, a high-end model with metal housing and large 5.7″ pressure-sensitive AMOLED screen with Quad-HD resolution. The Sony Exmor IMX386 sensor in the camera module has been deployed in some previous Meizu models but at 1/2.9″ and a pixel-pitch of 1.25µm it is a touch smaller than the 12MP Sony chips used in some of the other current high-end devices.

The camera also features optical image stabilization, a lens with F2.0 aperture and laser-assisted autofocus. The front-facing camera is surrounded by 10 dual-tone LEDs forming a ring flash, and comes with a 5MP sensor and F2.0 lens.

The Android OS is powered by the same Exynos 8890 chipset that can be found in the Samsung Galaxy S7 and 4GB of RAM. Buyers can choose between 64 and 128GB storage versions. The Pro 6 Plus also features a fingerprint reader that doubles as a heart-rate monitor and a dedicated audio chip. Power is supplied by a 3,400mAh battery that is charged via a USB Type-C port with fast charging. 

The new model will be available in Champagne Gold, Deep Ash and Moonlight Silver. The 64GB version will set you back approximately $435 while the 128GB requires an investment of $480. No detail on availability outside China has been provided yet. 

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