Amazon Slips Despite Outlook

By TSC Staff ,

Amazon (AMZN) - Get Report was down 1.6% in late afternoon trading after the online retailer said it is on track to turn a profit on a pro forma basis in the fourth quarter.

The company also said it would start selling personal computers online in the second half of the year, saying that online sales of PCs was a growing sector, and those sales would boost sales of other electronics products.

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