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IE Losing Market Share

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Although Microsoft Corp. still dominates the Web browser market, its Internet Explorer product continues to lose share to open-source rival Mozilla.

Internet Explorer held more than 95% of the U.S. browser market for several years, but its share dropped to 94.7% in July and had declined further to 92.9% as of Oct. 29, Web metrics company WebSideStory Inc. said yesterday.

Benefiting from high-profile security vulnerabilities in the Microsoft browser and recommendations by experts to switch, The Mozilla Foundation saw its market share rise. The Mozilla Suite, Netscape and Firefox held 6% of the market at the end of October, up from 3.5% in June, according to San Diego-based WebSideStory. [ Read more... ]

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