'Cyber Monday' shoppers spent record $1.46 bn

Most Popular Videos

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 2011 and was the biggest Internet shopping day ever.

For the holiday season so far, online sales were up 16 percent at $16.4 billion, comScore said, with heavy sales on "Black Friday," 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 digital content and subscriptions, up 28 percent from a year ago, while consumer electronics sales jumped 24 percent, boosted by smartphones.

Computer hardware, 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.

Editor’s note:Yahoo! Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • Elmo and dad Francis M 'duet' in 'Kaleidoscope World'

    Elmo and dad Francis M 'duet' in 'Kaleidoscope World'

    Yahoo! Southeast Asia Newsroom - 12 hours ago
    Elmo and dad Francis M 'duet' in 'Kaleidoscope World'

    Call it one of the most remarkable videos of the year. Imagine a father and son appear in one video shot 18 years apart. That's what exactly happened in a rehashed music video featuring Elmo Magalona and his late father Francis M performing the late Master Rapper's hit song "Kaleidoscope World".

  • Making a difference 'Before You Exit'

    Making a difference 'Before You Exit'

    Yahoo! Southeast Asia Newsroom - Fri, May 24, 2013 4:02 PM PHT
    Making a difference 'Before You Exit'

    Connor, Riley and Toby of Before You Exit, often hailed as the next Jonas Brothers are proving why they are the next big thing.

  • What you may not know about Paulo Avelino

    What you may not know about Paulo Avelino

    Yahoo! Southeast Asia Newsroom - Fri, May 24, 2013 2:05 PM PHT
    What you may not know about Paulo Avelino

    Whoever said gifted children will grow up in laboratories probably hasn't met Paulo Avelino. Unknown to many, the actor attended elementary at Baguio City SPED Center where only children with exceptional abilities are admitted.

  • Judy Ann, Ryan mark 4th wedding anniversary

    Judy Ann, Ryan mark 4th wedding anniversary

    Yahoo! Southeast Asia Newsroom - Thu, May 23, 2013 4:06 PM PHT
    Judy Ann, Ryan mark 4th wedding anniversary

    Despite persistent break-up rumors, married couple Judy Ann Santos and Ryan Agoncillo celebrated their fourth wedding anniversary with a simple breakfast and mass in Tagaytay. The couple tied the knot in San Juan, Batangas on April 2009

  • Sam shares 'amazing experience' in Cannes

    Sam shares 'amazing experience' in Cannes

    Yahoo! Southeast Asia Newsroom - Thu, May 23, 2013 3:54 PM PHT
    Sam shares 'amazing experience' in Cannes

    Sam Milby feels honored to have represented the Philippines at the 66th Cannes Film Festival for the war movie "Death March."

1 / 3