Stocks:Â (AMZN)(MSFT)(AAPL)
New Comscore figures on holiday e-commerce spending show that spending from Nov 1 to Dec 1 2006 is up 24% to $11.75 billion.
Perhaps more important, visitors to retailing sites is up 12% and “per visit” spending is up 11%.
All of these figures may be good for online sites in general, but Amazon, as the largest site in the category, is almost certain to have good fourth quarter numbers. Additionally, almost all media accounts about sales of the Apple iPod and Microsoft Zune reference sales figures at Amazon. The addtional publicity is likely to be welcome with Christmas only three weeks away.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
