It not 'all is well' for Internet Explorer now. The market leader once upon a time is now in its final stage. As per product life cycle it may be in its maturity stage but undoubtedly it's loosing its command over the browsers market.

Janco Associates, a management consulting firm in US has conducted a survey on market shares of Browsers and Operating Systems in which it has been found out that the Internet Explorer from Microsoft is having a very poor response and its market share has dropped to an historic low below 60%.

This was the lowest ever show since Internet Exploder 4 passed Netscape in the year 1999.

Apart from that, according to bean counters at Net Applications, Microsoft's Internet Explorer is currently having 59.95% of market share. Around 30 months ago it was the lone leader in the market with a mammoth 80% share of the market.

As per the market experts now it is facing tough competition from Google Chrome, Mozilla Firefox, Opera and Apple's Safari etc.