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Signs of Life on Cyber Monday

By Adrian Rush (TMF Mitten) | More Articles
December 1, 2009 | Comments (1)

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Forget about those scenes of crazed mobs knocking the doors down at your local department store on Black Friday. The future may lie in melting down companies' servers instead.

"Cyber Monday," the online equivalent of Black Friday, appeared to get off to a robust start this year. According to Web-analytics company Coremetrics, year-over-year online sales had risen by 19.6% as of Monday afternoon. Web surfers even got the party started early, with online sales increasing by 10% on Thanksgiving and 11% on Black Friday.

Is there a glimmer of hope that the economy is getting warmed back up? Will investors in the likes of eBay (Nasdaq: EBAY  ) and Amazon.com (Nasdaq: AMZN  ) find a few extra goodies in their Christmas stockings come earnings season? Let us know what you think in the comment box below.

The Steve Jobs Betrayal
You may already know that in the final year of his life, Jobs revealed a stunning betrayal — and told his biographer, "I will spend my last dying breath... and every penny of Apple's $40 billion in the bank to right this wrong." What was it that made Jobs so irate — and why could it make a few in-the-know investors some major profits over the coming months and years?

Enter your email address below to find out what made Jobs so enraged!

Fool online editor Adrian Rush slept in on Black Friday and finished his Christmas shopping online over the weekend. He has no position in any of the stocks mentioned here. Amazon and eBay are Stock Advisor picks, and Motley Fool Options recommends a bull call spread on eBay. The Fool's disclosure policy has memorized the CVV number on its credit card.


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  • Report this Comment On December 01, 2009, at 2:00 PM, plange01 wrote:

    a bad black friday followed by a even worse cyber monday.to add to the problems most of these purchases made with credit cards will go unpaid as shoppers just did not have the money to pay.the depression in the US is nearing its first year and starting to pick up speed in its decline...

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