{"id":612252,"date":"2023-12-19T00:00:00","date_gmt":"2023-12-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/princess-dis-iconic-80s-dress-sold-for-usd-1-15mn-apple-may-have-to-recall-its-latest-line-of-smartwatches-due-to-a-patent-dispute\/"},"modified":"2023-12-19T00:00:00","modified_gmt":"2023-12-19T00:00:00","slug":"princess-dis-iconic-80s-dress-sold-for-usd-1-15mn-apple-may-have-to-recall-its-latest-line-of-smartwatches-due-to-a-patent-dispute","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/19\/princess-dis-iconic-80s-dress-sold-for-usd-1-15mn-apple-may-have-to-recall-its-latest-line-of-smartwatches-due-to-a-patent-dispute\/","title":{"rendered":"Princess Di\u2019s iconic 80\u2019s dress sold for USD 1.15mn. Apple may have to recall its latest line of smartwatches due to a patent dispute."},"content":{"rendered":"

Princess Diana\u2019s black and blue ballerina-esque 1985<\/strong>dress was sold at an auction for 11x the listing price<\/strong>, selling for a whopping USD 1.15 mn after being listed for USD 100-200k, Julien\u2019s Auctions<\/a> said. <\/p>\n

It\u2019s a record, just not <\/strong>the<\/strong> record:<\/strong>The sale broke the record for the most expensive dress sold at an auction from Princess Diana\u2019s wardrobe, Reuters<\/a> reports, confirming that the People\u2019s Princess continues to be seen as a timeless style icon, a fashion critic tells the New York Times<\/a>. However, Marilyn Monroe still holds the chart for the most expensive dress sold<\/a> in 2016. The dress she wore for JFK\u2019s birthday on 19 May 1962 was sold for USD 4.8mn<\/a>, and in 2011 her Seven Year Itch dress was sold for USD 4.6 mn<\/a>.<\/p>\n

DIana\u2019s <\/strong>dress<\/a><\/strong> was designed by British-Moroccan fashion designer <\/strong>Jacques Azagury<\/a><\/strong>. The late Princess of Wales was seen wearing it during King Charles\u2019 (then-Prince of Wales) speech in Florence 1985 (runtime: 2:05<\/a>) and a year later in her visit to the Expo 86 in Vancouver during her royal tour of Canada (runtime: 2:49<\/a>).<\/p>\n

Lots more sold at the auction:<\/strong> The dress was sold along with an illustration of the gown piece at the Hollywood Legends auction by Julien\u2019s Auctions and Turner Classic Movies<\/a> in Los Angeles. Also sold at the auction was Diana\u2019s pink chiffon blouse<\/a> with a bow at the collar \u2014 which she wore for her 1981 engagement portrait with Charles \u2014 with a closing price of USD 380k. The blouse was designed by the Welsh David<\/a> and Elizabeth Emanuel<\/a>, the same designers who designed her wedding dress<\/a>, and was originally listed for USD 80-100k. <\/p>\n

\n

\n

Apple could be compelled to stop the US sale of the <\/strong>Ultra 2<\/a><\/strong>and <\/strong>Series 9<\/a><\/strong>smartwatches over a patent dispute, <\/strong>Bloomberg<\/a> reports. In an unprecedented dispute in Apple history, the International Trade Commission (ITC) issued a ruling last October stating that the tech-juggernaut had infringed patents of a global medical technology company Masimo<\/a>. This will force the company to stop offering these watches on its websites starting Thursday, 21 December, and from its 270 retail outlets by Sunday, 24 December. But it can still sell them through third-party retailers, such as the US\u2019 Walmart and Target.<\/p>\n

Where is this all coming from? <\/strong>The watch\u2019s oxygen level detection hardware, which uses light reflected on human skin to detect oxygen levels, has been deemed an infringement of Masimo\u2019s patent on the technology.<\/p>\n

Apple is working around the clock to find a solution by augmenting the software \u2014 but that isn\u2019t quite enough: <\/strong>The company\u2019s engineers are racing against time to modify the algorithms used by the device to measure the user\u2019s blood oxygen level, mainly focusing on refining how the technology calculates the oxygen saturation and presents the corresponding data to the customers. However, Masimo argues that its patent is for the hardware, leading Apple to seek another way for the watches to get the levels of oxygen saturation to the user.<\/p>\n

Other ideas? <\/strong>Apple strategized working around the block by not displaying images of the two contested watches and boosting the SE version instead in its Apple stores. Otherwise, the White House could step in to overturn a court ruling. <\/p>\n

The watch has been a crucial income-generating wearable product for Apple. <\/strong>This product alone brought in USD 17 bn in FY 2023, according to analysts\u2019 estimates. The Series 9 and Ultra 2 account for the large majority of Apple Watch sales. <\/p>\n

The blood-oxygen feature was first introduced to the Apple watch in 2020 through the Series 6 model<\/strong>, coinciding with the covid-19 pandemic. The company is planning to implement two noteworthy health features<\/a> for its next watch in the year 2024. <\/p>\n","protected":false},"excerpt":{"rendered":"

The sale shows that the princess\u2019 allure continues until today<\/p>\n","protected":false},"author":1,"featured_media":612253,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[184,633,638],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-apple","tag-enterprisepm","tag-for-your-commute","wpautop","entry"],"acf":{"mongo_id":"501f6154-7031-4673-8494-8a1538a0621e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1292.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[612247],"teaser":"The sale shows that the princess\u2019 allure continues until today","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.9ea64cb1-ca0d-4cda-a0d8-d4f8d0675807.mp3"},"yoast_head":"\nPrincess Di\u2019s iconic 80\u2019s dress sold for USD 1.15mn. 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