As if we didn't have enough with the stock market going down in flames on its own, computers have decided to screw them a little bit more and make everyone go "WTF" for a few minutes this morning. After dropping around two hundred gazillion points yesterday, today the Dow Jones industrials saw another drop of 700 points, which was suddenly reduced to 125 and then went down again. Everyone thought "rebound" for a second there, until they realised what was really happening.

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Android Market is officially out of the bag. The application store for Google's Android mobile phones only contains free software for now and there is no approval process for the software: it's an open content distribution system. The structure is similar to the iPhone App Store, with a rating system similar to YouTube's. Google is touting their experience as a search engine and infrastructure provider as advantages to Apple's store, but would that be really useful if everyone and their dogs can submit their flashlight apps?

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Industry numbers group NPD has just confirmed that Microsoft's Zune's sold 2 million units, just slightly under one year after it sold its first million. Where is Microsoft getting the marketshare for the extra million? Mostly from Creative, who dropped from 4% marketshare to 2% from Q1 '07 to Q1 '08. Apple's also gone down from 72% to 71%, so there might be some defectors in the fruit squad as well. Total marketshare for Microsoft now stands at a decent 4%. [PMP Today via Tech Digest]

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Steve Ballmer must be banging his head against the wall after dismissing the idea of the iPhone as "silly" last year: market research firm Canalys has confirmed the trend announced by Jobs at MacWorld, with the iPhone grabbing 28 percent of the U.S. "converged-device" market (aka smart phones) for the fourth quarter, smashing the combined Windows Mobile phones and Motorola. RIM was first with 41 percent, but Canalys thinks the evolution is "striking." Is this beginner's luck or a real success that is here to stay?

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