E-Commerce sales for the first month of the holiday season, October, showed a modest increase of 19% to $8.4 billion (excluding travel).
The categories that drove online sales were video games and consoles, which rose 264%. This is almost certainly good news for Nintendo and the surging Microsoft (MSFT) Xbox 360 and "Halo 3". It may also be positive for Sony (SNE), although sales of its PS3 have been soft.
Furniture, appliance, and equipment sales were up 105% for the month, according to comScore.
Douglas A. McIntyre
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