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BLOOMBERG Bloomberg Best March 27, 2016

Iphone se with a smaller screen and smaller price tag. Starting out at 399, it is the cheapest new iphone ever. The company appealing to both to customer loyal to the iphone 5 and new buyers in highgrowth markets like china and india. Investors initially were not crazy about the reveal. Shares dipping as the event got underway, but i do want to point out that investors are typically slow to digest apple product announcements. Looking back since steve jobs died in 2011, shares rose 1. 5 after product launches, but retreated 1. 8 three months later. Right after the event, i spoke with gene munster in minneapolis. I started by asking, how will investors look at apple . I think investors are already concerned. They should take away the are being finally more aggressive, may be appropriate the aggressive but the pricing that should be more resonant with the emerging markets. This is a great price point because it will be more attractive, but at the same time, not at the cost of their margin ....

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U.K. Police Take Custody of 23 Paintings Seized from Collector Nazem Ahmed

British police seized 23 paintings worth a total of $1.3 million from Nazem Ahmad, a collector accused of financing Hezbollah in Lebanon. ....

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Hezbollah-linked Picasso and Warhol stash raises red flag to art world

Hezbollah-linked Picasso and Warhol stash raises red flag to art world
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Ali Banisadr: The Changing Past

Imagine a reality where the future is historical and the past contemporary, where time stands still and simultaneously moves on. Ali Banisadr conjures such wondrous worlds in his paintings. By bringing the ancient into conversation with phenomena of the present and the future, he explores what stands the test of time. And the circumstances of the current exhibition itself similarly weave together distinct layers of time and space, as the Tehran-born and Brooklyn-based painter celebrates his first solo show with Victoria Miro in the British capital during this year’s Frieze Art Fair. ....

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Frieze London keeps calm, carries on – Artforum

Frieze London turned 20, like a Gen-Z nepo baby having a decadent soirée. Its sea of VIP guests drifted about, a vision of insipid liquid modernity. ....

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