'Cyber Monday' shoppers spent record $1.46 bn

Nov 28, 2012
Online sales for "Cyber Monday," the traditional debut for US holiday Web shopping, jumped to $1.465 billion this year.

Online sales for "Cyber Monday," the traditional debut for US holiday Web shopping, jumped to $1.465 billion this year, a research firm said Wednesday.

The report from comScore said sales were up 17 percent from the same day in 2001 and was the biggest Internet shopping day ever.

For the so far, online sales were up 16 percent at $16.4 billion, comScore said, with heavy sales on "," the day after Thanksgiving, and continuing over the holiday weekend.

"Despite some news reports suggesting that Cyber Monday might be declining in importance, the day has once again set an online spending record," said comScore chairman Gian Fulgoni.

"However, it is also clear that the holiday promotional period has begun even earlier this year, with strong online sales occurring on Thanksgiving Day and Black Friday.

Now, we shall see the extent to which continuing and attractive retailer promotions are able to boost sales for the remainder of the week."

The biggest gains came in so-called and subscriptions, up 28 percent from a year ago, while consumer electronics sales jumped 24 percent, boosted by smartphones.

, including tables, were up 22 percent while video games and consoles said an 18 percent jump. Sales of jewelry and watches rose 17 percent.

A separate survey from IBM said "Cyber Monday" sales were up 30 percent, but no dollar amount was given.

Explore further: Starbucks: Computer outage disrupts sales in US, Canada

Related Stories

US opens holiday sales with 30% Cyber Monday gain

Nov 27, 2012

US online shoppers clicked their way to a new record for "Cyber Monday," boosting sales by 30.3 percent for the traditional start for Internet holiday shopping, a survey showed Tuesday.

Cyber Monday sales reach record levels

Dec 05, 2011

American consumers spent more than a billion dollars a day last week during a three-day online sales period, which started with "Cyber Monday," a monitoring firm reported.

US Cyber Monday spending hits new high

Nov 30, 2011

US online shopping hit a record high on Cyber Monday with people racking up $1.25 billion worth of purchases on the Internet, according to comScore.

Recommended for you

How smart are the mobile shoppers who use smartphones?

Apr 24, 2015

In the age of the smart phone, how smart are the mobile shoppers who use these almost ubiquitous devices? A study from South Korea published in the International Journal of Mobile Communications hopes to answer that questi ...

India's Infosys gives muted earnings, stock falls

Apr 24, 2015

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.