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November 9, 2009

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Online retailer sets record

Monday, Dec. 27, 2004 | 11:20 a.m.

Amazon.com Inc., the world's biggest Internet retailer, said consumer electronics outsold books for the first time during the holiday season.

The company had its busiest holiday season, setting a single-day record with more than 2.8 million units ordered, or 32 items per second, Amazon.com said. The company ran out of Apple Computer Inc.'s 20-gigabyte iPod music player and reported DVD players and digital cameras were among its top sellers.

Shares of Seattle-based Amazon.com rose $2.88, or 7.4 percent, to $41.81 at 11:03 a.m. New York time in Nasdaq Stock Market composite trading. They had declined 26 percent this year, before today.

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