Amazon eBook Sales Out Pacing Paper Book Sales!

The true “paperless future” may yet be upon us!

Amazon’s Kindle E-Books Outselling Paper Books

“Amazon is claiming that Kindle e-books are outselling hardcover and paperback print books on its Website.

‘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,’ Jeff Bezos, founder and CEO of Amazon, wrote in a May 19 statement. He also claimed that the Kindle is the bestselling e-reader in the world, although his company has never released sales numbers for the device.

Since April 1, some 105 Kindle e-books have sold for every 100 print books, including hardcover and paperbacks for which there is no Kindle edition. Amazon has excluded free Kindle e-books from that breakdown. Kindle e-books are selling at three times their rate during a comparable period in 2010.”