Amazon now sells more E-Books than actual books

SHARE began as an online bookstore, and has one of the biggest catalogs for books around. Now it seems that the retail giant is now selling more e-books than actual books (paperback and hardbound). Amazon says that the company has been selling 105 Kindle books for every 100 print books. The company says through a press release that “during this same time period the Company has sold three times as many Kindle books as hardcover books. This is across’s entire U.S. book business and includes sales of books where there is no Kindle edition. Free Kindle books are excluded and if included would make the numbers even higher.” And judging from the figures quoted in the release, it seems that it’s not a trend that’s going to go away. The U.S. Kindle Store now has more than 810,000 books including New Releases and 107 of 112 New York Times Bestsellers. Over 670,000 of these books are $9.99 or less, including 74 New York Times Bestsellers, and with Kindle apps allowing customers to “Buy Once, Read Everywhere” on the Kindle, Kindle 3G, Kindle DX, iPad, iPod touch, iPhone, Mac, PC, BlackBerry and Android-based devices, the appeal of buying e-books has never been higher.

Via: Publisher’s Weekly