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July 10, 2004

Study shows Microsoft has lost a percentage of market share to open source browser.

PC World writes A series of highly publicized security vulnerabilities found in Microsoft's Internet Explorer Web browser may be having an effect on the browser's market share, according to data compiled by WebSideStory, a San Diego Web metrics company. Over the last month, Internet Explorer's share of the browser market dropped by 1 percent, the first noticeable decline since WebSideStory began tracking the browser market in late 1999.

"It's the first time that we've seen a sustained trend downward for them," said Geoff Johnston, an analyst with WebSideStory. "We have a very steady trend. It's been about a month, and every day we have a steady incremental change."

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