This year it is reported that the Nook eReader (sold at Barnes & Noble) is the gift in high demand.
Last year it was the Elmo Live.
In 2007 the iTouch was the big hit.
2006 and 2005 saw a node to the video game industry with the release of Sony's Playstation 3 (2006) and Microsoft's Xbox 360 (2005).
2004 was the Robo Sapiens.
In 2002 and 2003 it was the Beyblades, fighting spin tops (I don't remember hearing about this one).
2001 was the Bratz Dolls.
2000 the Razor Scooter.
1999—Pokemon, 1998—Furbies,1997—Giga Pet,1996—Tickle Me Elmo, 1995—Beanie Babies, 1993–94—Power Rangers, 1992—Barney Talking Doll, 1991—POG, 1990—Teenage Mutant Ninja Turtles, 1989—Game Boy, 1985—Care Bears (they were inspired by greeting cards), 1984—Transformers, 1984—Cabbage Patch Kids, 1982—BMX Bikes, 1981—the Smurfs, 1980—Rubik's Cube.
RG
http://www.esquire.com/the-side/feature/top-christmas-gifts
http://www.softsailor.com/news/9939-barnes-noble-unveils-nook-ereader-with-3g-wifi-and-capacitive-touchscreen.html#axzz0YMaUdfUA
http://dumbfoundedone.wordpress.com/2008/03/
http://web-japan.org/kidsweb/archives/cool/01-04-06/beyblades.html