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Economy Briefs: T-Mobile likely to offer iPhone in the new year
Question of the Day
NEW YORK — T-Mobile will likely start carrying the iPhone next year after its parent company, Deutsche Telekom, said it has reached a new deal with Apple Inc.
T-Mobile USA had been the lone carrier not offering iPhone among the four national wireless companies in the U.S. Although it has been possible to use iPhones on T-Mobile networks, customers had to provide the phones. The phones also work at much slower speeds, though T-Mobile has been recalibrating its network to match or exceed AT&T’s data speeds.
The three larger carriers, AT&T Inc., Verizon Wireless and Sprint Nextel Corp., already sell the iPhone, as do many smaller ones.
Apple to produce line of Macs in U.S. in 2013
NEW YORK — Apple CEO Tim Cook says the company will move production of one of its existing lines of Mac computers to the U.S. next year.
Industry watchers said the announcement is both a cunning public-relations move and a harbinger of more manufacturing jobs moving back to the U.S. as wages rise in China.
Mr. Cook made the comments in part of an interview taped for NBC’s “Rock Center,” but aired Thursday morning on “Today” and posted on the network’s website.
In a separate interview with Bloomberg BusinessWeek, he said that the company will spend $100 million in 2013 to move production of the line to the U.S. from China.
“This doesn’t mean that Apple will do it ourselves, but we’ll be working with people and we’ll be investing our money,” Mr. Cook told Bloomberg.
That suggests the company could be helping its Taiwanese manufacturing partner Foxconn Technology Group to set up a factory in the U.S.
Yum Brands taking KFC to China’s smaller cities
NEW YORK — The owner of KFC and Pizza Hut is taking its fast-food menus to the lesser-known regions of China, with plans to set up shop in smaller cities throughout the key market.
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