Feeds

Don't believe the Web sales hype

Overstated, US Govt. says

  • alert
  • submit to reddit

Top 10 endpoint backup mistakes

Web sales figures may be a load of hype, according to the US government. Retail sales in the e-conomy totalled $5.3 billion for the Christmas quarter, a survey by the Commerce Department claimed yesterday. This was just 0.6 per cent of the $821 billion in overall retail sales for the last three months of 1999, and conflicts with figures from the private sector. Independent research group Forrester Communications estimated Web retail sales for the Christmas quarter totalled around $10 billion. But the official figures from the US don't wash with some economists. The government report was based on a survey of 8800 retailers. But it excluded some of the most successful cyber companies, and didn't measure airline ticket sales, services or banking. Forrester estimated customers spent $5.5 billion on goods, and a further $3.5 billion on travel or event tickets in the period. New media researchers Jupiter Communications reckoned $7 billion was spent online last November and December. For the year, it estimated an extra $4.2 billion went to online travel companies. First quarter 2000 figures from the Commerce Department are expected in May. ® Related Stories E-commerce sales to reach $3.2 trillion in 2003 Forrester predicts online banking boom Online sales hit logistical brick wall

A new approach to endpoint data protection

More from The Register

next story
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Nintend-OH NO! Sorry, Mario – your profits are in another castle
Red-hatted mascot, red-colored logo, red-stained finance books
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
prev story

Whitepapers

7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
A new approach to endpoint data protection
What is the best way to ensure comprehensive visibility, management, and control of information on both company-owned and employee-owned devices?