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2019 Cyber Monday Sales Breaks Record

Cyber Monday is the final day of the Thanksgiving shopping extravaganza and this year, shoppers racked up a whopping $9.2 billion in online sales. According to figures from Adobe Analytics, people were spending $11 million a minute. Samsung TVs, Apple’s AAPL AirPods, Air Fryers, and Frozen 2 toys were some of the top items sold.

Consumers were also buying up smartphones on Monday, with sales breaking the $3 billion mark; smartphone purchases also accounted for one-third of all sales.

So far, $72 billion has been spent online since the start of November. As for Black Friday, sales touched $7.4 billion while consumers spent a record $4.2 billion on Thanksgiving Day.

7 Best Stocks for the Next 30 Days

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Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research