Microsoft IE market share and announcement on IE9

Those are days where you and me used to work only on one browser which is microsoft internet explorer.All the novice users will know the only browser Microsoft IE.But today Microsoft has started losing its market and its share value continuously dropping.In the recent past IE used to cover atleast 75% of the market share but as per the recent announcement Microsoft IE covers only 59.95% of market share.Other major share is covered by firefox which has percentage of about 24 and google chrome is the latest browser covering 6% of the market share

So what is Microsoft going to do to recover from its downfall.Microsoft is coming out with the new version of internet Explorer ie 9 which will use windows PC's graphics horsespower to aid graphics and text rendering and also html 5.