Tuesday, November 29, 2016

BOOM Cyber Monday Sales Biggest Online Shopping Day in U.S. History

Shoppers spent $3.45 billion on Cyber Monday, according to data compiled by Adobe Digital Insights.

Cyber Monday sales jumped 12.1 percent year-over-year and surpassed initial expectations that called for total sales of $3.36 billion, according to the research firm.

Top-selling electronics by units on the day include Sony's PlayStation 4 and Microsoft's Xbox gaming consoles as well as Samsung 4K TVs, Apple iPhones and Amazon's Fire tablets.

Lego's building blocks, Hasbro's Nerf dart guns and Mattel's Barbie dolls were among top-selling toys, Adobe said.

This is not what a recession looks like.

 -RW

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