Amazon.com has reported a narrower loss for the third quarter, meeting analysts' expectations.
The company still expects to achieve profitability by the end of the year despite concerns about consumer confidence.
For the quarter ending September 30th, Amazon.com recorded a net loss of $170 million, or 46 cents a share.
In the same period last year the loss was $241 million, or 68 cents a share.
Third quarter net sales were $639 million, slightly above last year's $638 million.
Chief financial officer Mr Warren Jenson, said "Achieving profitability for us does not require heroics, just execution."
He cautioned that fourth-quarter net sales would be flat or rise at most by 10 per cent, compared to last year, adding that the US terrorist attacks and their aftermath have made it difficult to predict the future.
Net sales are now expected to come in at between $970 million and $1.07 billion during the company's most important retail quarter.
PA