Online sales for the key holiday retail day of "Cyber Monday" were on track for a record, helped by surging smartphone shopping, market trackers said.
Around 8 a.m. at a cavernous warehouse outside Pittsburgh recently, about four dozen delivery drivers for United Parcel Service got their first look at the scheduled drop-offs for the day.
Apple had another blowout quarter thanks to its new plus-sized iPhones, which helped the company smash sales records for the holiday season.
Online shoppers set a set a single-day spending record on Cyber Monday, despite deals being stretched out this holiday season.
Online retail sales showed healthy gains on "Cyber Monday," a key kickoff for online shopping for the holiday season, surveys showed.
US consumers are likely to spend $89 billion shopping online during the holiday season, a healthy rise despite fewer selling days, Forrester Research analysts said Monday.
Nintendo on Friday warned it would swing back into the red this fiscal year as the Japanese gaming giant slashed its sales target for the Wii U console, blaming poor sales over the key holiday season.
Most stores were closed but Americans still managed to shop on Christmas Day—increasingly on their smartphones.
Headphones, speakers and other audio gear are topping the holiday gift lists of many Americans this season.
As the online holiday shopping season winds down this weekend, analysts who track sales say there's at least one clear winner this year: Amazon.com Inc.