Amazon Sells More Kindle Books than Hardcover, Paperback

Amazon says it is now selling more ebooks than paperbacks and hardbacks combined.

“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,” Amazon Founder and CEO Jeff Bezos says in a press release.
 
According to Amazon, they’ve sold 105 ebooks for every 100 print books. Free Kindle ebooks are not included in that calculation, which would make the number even higher. The online retailer has already sold three times as many ebooks in 2011 as it did during the same period in 2010.

Read the full press release here.

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