Business News: iPhone losing popularity

Business News

(CBS) - In Business News, research firm IDC says the iPhone is continuing to lose popularity.

Market share for the apple device dropped in the second quarter, but analysts believe that could change if the company unveils a new phone this Fall.

The iPhone is the number two selling smartphone worldwide. Android devices are number one with almost 80 percent of the market.

(CBS) - Porsche proves they don't just make sports cars, they make sales. 

The luxury car maker saw a double digit spike in sales for the first half of this year. The growing American market drove a 17 percent increase.

Porsche's SUV, the Cayenne, was the leader with more than 7,000 vehicles sold. 

(CBS) - Falling iPhone sales don't seem to be affecting T-Mobile.

The wireless carrier says the apple smartphone and new pricing plans attracted almost 700,000 new contract customers last quarter.

That's the first increase in contract sales in at least two and a half years.


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