Microsoft's Internet Explorer reaches new low, less than 50% market share

According to reports from several visitor tracking companies, IE has reached a new user low globally. In most countries, it still holds the top place, in the US it's 60% followed by Firefox and then Google Chrome. In Asia it holds a steady 60% share of the browsing market, but in Europe it has dropped to 40%. Just two years ago, IE dominated the marketplace with a 67% rating, so many analysts see this as a milestone in the browser wars.