Tuesday, July 20, 2010

E-book Sales Outstripping Real Books for First Time

Sales of digital e-books have outstripped real books for the first time, according to Amazon. The firm said that it has sold 143 e-books for its Kindle e-reader for every 100 hardcover books over the past three months.

And that rate has accelerated with Amazon selling 180 e-books for every 100 hardcovers in the past month. Amazon’s Kindle bookstore now offers more than 630,000 books as well as over 1.8 million free, out-of-copyright, pre-1923 books.

Today, Amazon.com announced that sales of its Kindle device had also accelerated over the past three months, a change that the firm described as a ‘tipping point’.

Source

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