Cyber Monday Sales Set Record

Cyber Monday Sales Set Record

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Cyber Monday sales hit a new one-day record, jumping 16 percent over last year with a total of $2.29 billion in sales in just a 24 hour period.

That's according to Adobe Digital  Index , which also reported that it was the fifth consecutive day of record-breaking online sales.

Total online sales for Thanksgiving through Cyber Monday were up 26 percent at $7.4 billion, giving retailers a good 10 percent of their yearly profits in just the last five days.

Another big change:  18.3 percent of sales came from mobile devices, up a whopping 80 percent from last year.

Adobe based its data on the analysis of nearly 900 million visits to 2,000 retail websites, in addition to more than three billion visits since Thanksgiving Day.

A separate report from IBM  claims Cyber Monday sales climbed 20.6 percent , with mobile sales accounting for 17 percent of the total. 

New York had the most online retail sales, followed by Washington, D.C., Los Angeles, Chicago and Atlanta.

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