(Updated with more analyst comments)NEW YORK ( TheStreet) -- As Black Friday kicked off today, many shoppers were eagerly anticipating taking home their heavily-discounted prize gifts. Some had been lining up since the early hours of the morning to be first in line to grab early Christmas gifts and snap up the limited inventories available in-store. Meanwhile, all eyes in the financial community were carefully watching how retailers perform in their annual battle for their share of the consumer's wallet.
>>Photo Gallery: Black Friday Madness Some stores such as Wal-Mart (WMT - Get Report) and K-Mart, a subsidiary of Sears (SHLD - Get Report) were already open on Thanksgiving Day. Electronic goods were in prime demand, with Best Buy (BBY - Get Report) a key destination for the goods of electronic companies such as Hewlett-Packard (HPQ - Get Report) and Dell (DELL) (See story: "Black Friday's 10 Top Tech Deals" By Scott Moritz -- for examples of top 10 tech deals).