Amazon Reaches The E-Book Tipping Point: Kindle Sales Blow By Print [All Things D]
Despite only being on the market for a few years, e-book sales have quickly blown by sales of print books for the biggest online book retailer, Amazon.com.
According to Amazon, for every 100 print copies sold since the beginning of April, they have sold 105 Kindle titles. These figures combine both hardcover and paperback in its "print copy" definition. Past figures from Amazon have had Kindle book sales higher than paperback or hardback alone, but never more than all print options combined. This figure also leaves out the popular free e-book titles Amazon offers.
These skyrocketing e-book sales (combined with still strong print sales) have led to Amazon's fastest year-over-year growth in book sales since the company's inception. So far this year Amazon has already tripled its total number of Kindle books sold in 2010.
Amazon is strong overseas as well. In the U.K., two Amazon Kindle books are sold for every hardcover book. Even so, hardcover sales continuing to grow.
Amazon hasn't released detailed information on actual Kindle device sales recently. Some of this growth is undoubtedly due to Kindle store sales on iPads and other devices, but if Kindle book sales are growing so rapidly, the devices themselves likely are sharing in some of that growth.
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Posted by: zepeamimilk | Tuesday, September 11, 2012 at 02:58 AM