This is the 'Pencil'... it is not an ordinary pencil it is an innovative bluetooth stylus that works with the iPad app 'Paper'...
Learn more and watch the video below:
The new stylus comes in the form of a carpenter pencil with two different color options - walnut an graphite. One of the unique features of Pencil is the eraser end that artists can use to carve away errors without having to switch tools inside the app. Pencil features a lithium-ion battery that can be charged via USB in 90-minutes and last a month and to pair the device to your iPad you simply press the tip to the screen and Bluetooth Smart wireless does the rest of the work.