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.
“The Next NVIDIA” Could Change Your Life
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.