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Qihoo 360 (QIHU) Misleads Investors On Browser Market Share (Audio And Video)

Qihoo 360 (NYSE:QIHU) misleads investors on browser market share (audio and video)

Qihoo back-peddles from the 57% market share/penetration confusion, but still claims to have 37% market share and still claims to have the dominant share of the market. Notably the CFO affirms that Qihoo's browser has greater market share than Microsoft's internet explorer. However, Microsoft's Internet Explorer is clearly the market leader for browsers in China.

Disclosure: I am short QIHU.