Cyber Monday is on track to become the biggest online sales day in history, with total spending predicted to reach $2.98 billion according to Adobe.
The data available so far shows the projected spending for Monday to be 12% greater than Cyber Monday 2014. Even though Black Friday sales were down more than $1 billion, the total sales for the five days since Thanksgiving are up, totaling about $11 billion. The data also suggests a new record for out-of-stock rates, with 13 out of 100 products appearing to be sold out.
The top five most popular electronics on Cyber Monday were the 4K TV, the Microsoft Xbox One, the Apple iPad Mini, the Apple iPad Air 2 and the Sony PS4. Popular toys included Shopkins dolls, the Barbie Dream House, LEGO Star Wars, LEGO Dimensions and LEGO City.
According to Adobe, each of the first 18 days of December are projected to see $1 billion in sales.