Feb. 26 - Microsoft tries to hold desktop browser lead while its mobile browser barely registers, plus Apple settles iTunes lawsuit.
▲ Hide Transcript
▶ View Transcript
But just top leader of mobile laggards we're talking about Internet Explorer. -- we could be talking about Microsoft overall whatever that's the rest -- -- -- giant releasing Internet Explorer ten to hundreds of millions of new users Tuesday. Those of Windows 7. It already put out updated version of the browser for windows eight users. -- as high -- 20% faster downloading sites and its predecessor analyzed the touch screen commands. The various versions of the browser make it a market leader with 55% share according to data from net market share that's more than double its nearest competitors like Firefox and Google's Chrome. Those are gaining -- A much different story in the mobile world which is world growth is albeit a much smaller base Apple's safari -- -- number one browser. Microsoft barely registers here with just 1% of the market. Shares -- roughly flat about one dollar above their 52 week low of 2626. In December. Microsoft's only eight Intel as the opening of the assembly lines other companies as it seeks to diversify from the decline PC business. It'll make customized chips for Altera. In Albany fuel program won't do -- for the Telecom chip design of speculation on Wall Street -- Intel wants that your chips for. Apple and Cisco Systems. The announcement -- Intel's stock up more than 2%. -- -- -- -- -- for other companies and he'll be deeper into the field dominated by Taiwan's semiconductor. He has them not -- more than 2%. An Altera arch rivals filings fell by taking yet saying 2%. Almost. -- shift to software and apple which has agreed to settle a class action lawsuit over iTunes store. My parents went after saying they -- charged for purchases their children and other credit cards without their knowledge or permission. Apple could end up paying about 100 million dollars as it -- agreed to provide a five dollar iTunes store credit to as many as 23 million customers. Apple shares down close to 1% today a day ahead of its annual shareholder meeting. Story is sputtering time. Our look at movers. Bursts or is to protect the small jet maker of semiconductor parts for televisions and other devices what upgraded. From hold to buy at steeple Nicholas shares closed at 10% and sputtering. -- -- technologies but softer maker forecast when he thirteen results below forecasts. Those shares down 7%. And -- equity this Tuesday remember falls on Twitter and RRS ten. I'm -- This.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code