Spend Matters Afternoon Coffee

Santa's Supply Chain: Best in the World? -- Gartner likes to publish the Top 25 Supply Chains every year. Unfortunately, there's one supply chain the esteemed analyst firm continues to overlook. And it just so happens to be the greatest supply chain success story of all time. I'm talking about The Santa Claus Supply Chain. Don't believe me?

Oi Brazil!
iPhone 4, now Made In Brazil -- MacMagazine, based out of Brazil, managed to get their hands on a couple of pictures that clearly reveal an ANATEL logo on the back of the phone, and the words Industry Brazil instead of the normal "Made in China" that's been on the back of all iPhones to date.

In OTHER iPhone news...
Australia probe into iPhone 'fire' on plane -- Australian air safety officials have launched an investigation after an airline passenger's Apple iPhone apparently caught fire during a flight. Local airline Regional Express said the phone began glowing red and emitting dense smoke after the plane landed in Sydney on Friday. Flight attendants had to douse the phone, which has since been handed to investigators.

Who's buying in?
Facebook Targets Huge IPO -- Facebook Inc. is inching closer to an initial public offering that it hopes will value the company at more than $100 billion, according to people familiar with the matter. The social networking firm is now targeting a time frame of April to June 2012 for an initial public offering, said people familiar with the matter. The company is exploring raising $10 billion in its IPO--what would be one of the largest offerings ever--in a deal that might assign Facebook a $100 billion valuation, a number greater than twice that of such stalwarts as Hewlett-Packard Co. and 3M Co.

Sheena Moore

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