CEA sees lean tech Christmas

Investor's Business Daily

The trade group said it expects sales of electronics to rise less than last year. The Consumer Electronics Assn. forecasts a 2.6% increase this year, down from last year's 4% rise. The report follows recent weaker-than-expected Q4 forecasts from e-commerce giants eBay (EBAY) marketplace and Amazon (AMZN), the top Web retailer. The CEA report said tablet computers and video game consoles will top wish lists for adults and teens.

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