Amazon is Now Selling More Kindle eBooks Than Print Books
Amazon announced another major milestone today: they are now selling more Kindle ebooks than all print books (hardcover and paperback) combined. Kindle book sales surpassed hardcover book sales in July 2010, and just recently overtook paperback books, so this news doesn’t come as too much of a surprise. Still, Amazon didn’t expect this to happen quite so quickly.
“Customers are now choosing Kindle books more often than print books. We had high hopes that this would happen eventually, but we never imagined it would happen this quickly – we’ve been selling print books for 15 years and Kindle books for less than four years,” said Jeff Bezos, Founder and CEO, Amazon.com.
Bezos says this is in part due to the success of the ad-supported Kindle that was recently released. Apparently, it is now the bestselling Kindle on Amazon.
If you’re interested in more Kindle statistics, the Amazon press release detailed some more recent Kindle milestones:
Since April 1, for every 100 print books Amazon.com has sold, it has sold 105 Kindle books. This includes sales of hardcover and paperback books by Amazon where there is no Kindle edition. Free Kindle books are excluded and if included would make the number even higher.
So far in 2011, the tremendous growth of Kindle book sales, combined with the continued growth in Amazon’s print book sales, have resulted in the fastest year-over-year growth rate for Amazon’s U.S. books business, in both units and dollars, in over 10 years. This includes books in all formats, print and digital. Free books are excluded in the calculation of growth rates.
In the five weeks since its introduction, Kindle with Special Offers for only $114 is already the bestselling member of the Kindle family in the U.S.
Amazon sold more than 3x as many Kindle books so far in 2011 as it did during the same period in 2010.
Less than one year after introducing the UK Kindle Store, Amazon.co.uk is now selling more Kindle books than hardcover books, even as hardcover sales continue to grow. Since April 1, Amazon.co.uk customers are purchasing Kindle books over hardcover books at a rate of more than 2 to 1.
I’m really surprised that the Kindle with Special Offers is outselling the other Kindles. I didn’t think $25 in savings was enough to make people put up with ads, but I guess I was wrong.
So do you have a Kindle or another device with the Kindle app? If so, do you still buy print books anymore?
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