IE's Market Shares Drop To Under 70% Whereas FireFox & Chrome Head North

According to the latest market share results by Net Applications, Internet Explorer's browser market share fell under the 70% mark to 69.77% and was down more than 10% from the same period two years ago.

On the other hand, Firefox boosted its share to 20.78% and Chrome increases to 0.83%.However, second-placed Firefox is far away from Internet Explorer in terms of browser share. Apple's Safari and Opera have shown steady increases to 7.13% and 0.71% respectively.

Mozilla's CEO, John Lilly shared his thoughts on this accomplishment in a statement.

"Reaching 20 percent worldwide market share is a significant milestone for Firefox and Mozilla. It's a huge achievement by the global Mozilla community, one that just a few years ago most would have considered impossible. The open web is more vibrant than ever, and the thousands of Mozilla contributors around the world have played a major role in making it that way."

Net Applications gave three reasons why Firefox's market share boosted. This is mainly due to the U.S election, Thanksgiving day and the extra-weekend days in November.