Amazon says it's now selling more Kindle eBooks than paperbacks in the US. We already knew that eBook sales have well overtaken hardbacks.
The statement from Amazon came as it announced record Q4 overall sales, which totalled $12.95-billion. That's up 36% on the same quarter the year before.
As usual, Amazon isn't giving exact - or even inexact - Kindle book sales figures - just as it never gives sales figures for its Kindle bookreader, but we do have this statement from Amazon founder and CEO Jess Bezos:
We had our first $10 billion quarter, and after selling millions of third-generation Kindles with the new Pearl e-ink display during the quarter, Kindle books have now overtaken paperback books as the most popular format on Amazon.com. Last July we announced that Kindle books had passed hardcovers and predicted that Kindle would surpass paperbacks in the second quarter of this year, so this milestone has come even sooner than we expected – and it’s on top of continued growth in paperback sales.Other figures we can glean from the Amazon financial statement are:
Amazon has sold 115 eBook for every 100 paperbacks.
Amazon has sold three times as many eBooks as hardbacks.
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