New Retail = New product, original packaging, sealed, full manufacturer warranty
New Spare = New product, neutral outer packing, sealed, 3 months of warranty (or remaining server warranty)
Bulk = New product without original package / demo device / leasing device / older stock. We buy this product without the original packaging. Shrink wrapped, 36 months of warranty (or remaining server warranty)
Refurbished = Used product, tested, 12 months of warranty.