This Company is Winning the Internet Browser Battle
Google Chrome’s (NASDAQ:GOOG) rapid growth could be the reason NetMarketShare’s October data shows Internet Explorer’s (NASDAQ:MSFT) PC browser share to be down to 52.6%. Meanwhile, heavy iPad usage probably caused Apple (NASDAQ:AAPL) Safari’s share of the browser market to soar to 62.2%. Google’s PC search share rose slightly to 82.4%, although its mobile search share was roughly flat at 91.1%.
Browser metrics from NetMarketShare show Safari continues to gain market share, and since December 2010 Safari’s share of the mobile browser market has increased from 49.17% to its current level of 62.17%. Android’s growth rate is much slower than mobile Safari. Android is now grabbing 18.65% of the mobile browser market, up from 11.50%. The biggest loser is Opera Mini which dropped 13.37 percentage points.
“These numbers are not surprising to those who have used mobile browsers from a variety of platforms. Both iOS and Android have robust, user-friendly browsers that can access a variety websites and, in the case of Android, serve up Flash content. Opera Mini may be falling as users who would install this third-party browser are turning to these native browsers instead. Drops in Symbian and BlackBerry correlate with declining usage of those mobile platforms,” according to TUAW.
- Apple Inc. (NASDAQ:AAPL): The shares recently traded at $396.51, down $8.27, or 2.04%. Its market capitalization is $368.47 billion. They have traded in a 52-week range of $297.76 to $426.70. Volume today was 18,866,960 shares versus a 3-month average volume of 22,810,200 shares. The company’s trailing P/E is 14.32, while trailing earnings are $27.68 per share. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Get the most recent company news and stock data here >>
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- Microsoft Corporation (NASDAQ:MSFT): The shares recently traded at $25.99, down $0.64, or 2.4%. Its market capitalization is $218.63 billion. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 60,520,221 shares versus a 3-month average volume of 65,165,700 shares. The company’s trailing P/E is 9.45, while trailing earnings are $2.75 per share. The company pays a dividend of $0.80 per share for a dividend yield of 3.00%. About the company: Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Get the most recent company news and stock data here >>
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