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Is Internet Explorer Doomed?

Tim Beyers
December 24, 2009

Almost two years to the week after AOL (NYSE: AOL  ) announced it would end support for Netscape's pioneering Netscape Navigator browser, which Microsoft (Nasdaq: MSFT  ) destroyed when it created its rival Internet Explorer (IE), new data suggests that IE is still losing market share, primarily to the open-source Firefox browser.

StatCounter, an analytics firm, says that Firefox's share of the browser market now stands at 32.06%, up almost seven percentage points from last November. Internet Explorer's share fell more than 12 percentage points over the same period.

Firefox isn't the only winner here. Apple's (Nasdaq: AAPL