Kindle eBook Sales Are Now Higher Than Print Books On Amazon
The online retailer announces that eBooks are now outselling hardback and paperback books combined.
In a recent Amazon press release, the online retailer has announced that it’s sales of Kindle ebooks are now higher than all print books, both hardback and paperback combined. It also lists five impressive milestones the Kindle has reached:
- Since the start of April, for every 100 print books sold on Amazon.com, it has sold 105 Kindle books.
- The first few months of 2011 have seen the fastest year-over-year growth rate for Amazon’s U.S. books business in over 10 years.
- Only five weeks since its introduction, the Kindle with Special Offers is already the bestselling type of Kindle in the U.S.
- Amazon has sold more than three times as many Kindle books so far in 2011 as it did during the same period last year.
- Less than a year after launching the UK Kindle Store, Amazon.co.uk is now selling more Kindle books than hardcover books, since April this has been at a rate of more than 2 to 1.