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Kindle Outsells Print Books, Says Amazon
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elgato



Joined: 24 Feb 2005
Posts: 17240
Location: Texas

Posted: Fri May 20, 2011 9:42 am    Post subject: Kindle Outsells Print Books, Says Amazon  

The news is coming in today from Amazon that digital books on their popular Kindle e-reader are now outselling all print books on Amazon.com. Surely this signals the end of print books and the bricks and mortar stores that sell them, right?

Well, probably not. But it is a significant statistic.

Last July, Kindle sales overtook hardcovers on Amazon. When that was reported, Amazon sold 180 Kindle books for every 100 hardcovers on Amazon.com. That differential is undoubtedly much greater today.

In January of this year, Amazon reported that Kindle books had overtaken the sale of paperbacks. When that was reported, Amazon was selling 115 Kindle books for every paperback.

And today, Amazon is reporting a great milestone for digital content – Kindle books are now outselling hardcovers and paperbacks combined. The Kindle was launched in November of 2007, so that means this feat only took 3 1/2 years to achieve. For every 100 print books Amazon sells, they now sell 105 Kindle books.

more.. link to news article
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