If you don't like the first two opinions, maybe the third
time's the charm.
Microsoft 's (Nasdaq: MSFT) Bing grew its
market share last month, according to comScore. That report
contradicts
earlier callsfrom rival Web-analytics specialists Hitwise
and StatCounter that found Bing's slice of the search-engine
market falling from August to September.
Jaded investors probably aren't going to take
comScore 's (Nasdaq: SCOR) word as gospel.
They still remember how
its bleak readof
Google 's (Nasdaq: GOOG) early 2008
performance helped deal Big G a $12 billion haircut in market
cap, only to watch the global search leader trounce
expectations. To be fair, comScore's assessment was
geographically limited in scope, but it's still a top dog in
its data-ferreting niche.
It's not just Bing that the
analyticoscan't see eye to eye on. Experian's
Hitwise had
IAC 's (Nasdaq: IACI) Ask.com gaining market
share last month, while comScore's findings have Ask and
Time Warner 's (NYSE: TWX) AOL clocking in
flat for September.
However, Hitwise, StatCounter, and comScore all agree on
two things:
Yahoo! (Nasdaq: YHOO) went the other
way.
Yahoo!'s decline is understandable. Once it
agreed to let Bing fuel its searches, the credibility hit
was inevitable.
Microsoft had just better hope that comScore, and not the
Web watchers that reported last week, has it right. Bing has
turned heads since its springtime "decision engine" makeover.
If it did lose momentum last month, there are no assurances
that it will win any of it back.
We can't call Bing a novelty, because it delivered several
months of sequential gains. Honeymoons don't last that long.
Its arrival generated legitimate buzz. Conflicting reports
probably indicate that it has hit a near-term plateau, but
that is all the more reason for Microsoft to ramp up its
marketing or see whether it can muscle in with Yahoo!-esque
deals for smaller engines. Continued... |