Friday, January 28, 2011

Amazon Sells More E-Books Than Paperbacks

Amazon.com Touts More E-Book Sales Than Paperbacks -- Computer World

Third-gen Kindle sold millions in fourth quarter, CEO Bezos says.

Computerworld - Amazon.com said it is selling more Kindle e-books than paperback books.

Amazon.com CEO Jeff Bezos said in a fourth-quarter earnings statement Thursday that the e-book-selling milestone "has come even sooner than we expected."

The company said that in all of 2010, it sold 15% more Kindle e-books than paperbacks. In July, Amazon.com reported that it had sold more Kindle e-books than hardcover books. For all of 2010, it sold three times as many Kindle e-books as hardcovers. Free Kindle books are excluded from those figures.

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