Microsoft's (MSFT) Bing Hits U.S. Search Share Record... in Declining Market
Tweet Send to a Friend
Get Alerts MSFT Hot Sheet
Price: $34.27 +0.35%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +20.0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +20.0%
Trade MSFT Now!
If you can say one thing about Microsoft's (Nasdaq: MSFT) Bing search engine, it's definitely making a bigger impact in overall market share.
(Having to Google (Nasdaq: GOOG) the results of this piece, we almost feel dirty saying that.)
Data from comScore released late Wednesday had Bing gaining 0.2 points of U.S. explicit core search gains to a total share of 15.6 percent. That is the largest piece of the pie Microsoft has had since Bing emerged from the shadows a few years ago.
However, the overall U.S. search market looks to be shrinking, down 2 percent in the three-months ended June. That's according to the comScore U.S. Explicit Core Search Query Report.
Of course, this is coming from a segment of Microsoft that is perpetually losing cash. You can see that here under "Online Services Division."
Shares are indicated lower Thursday.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
(Having to Google (Nasdaq: GOOG) the results of this piece, we almost feel dirty saying that.)
Data from comScore released late Wednesday had Bing gaining 0.2 points of U.S. explicit core search gains to a total share of 15.6 percent. That is the largest piece of the pie Microsoft has had since Bing emerged from the shadows a few years ago.
However, the overall U.S. search market looks to be shrinking, down 2 percent in the three-months ended June. That's according to the comScore U.S. Explicit Core Search Query Report.
Of course, this is coming from a segment of Microsoft that is perpetually losing cash. You can see that here under "Online Services Division."
Shares are indicated lower Thursday.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Microsoft (MSFT) wins case brought by Google's (GOOG) Motorola unit over Xbox - Bloomberg
- UPDATE: Crash in American Electric Power (AEP) & NextEra Energy (NEE) Adds to Jitters
- Apple (AAPL) Turns Positive
Create E-mail Alert Related Categories
Insiders' Blog
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
