Amazon Now Selling More E-Books than Hardcovers

by

comment

A new chapter is being written in the world of book sales. For every 100 print books Amazon.com has sold since April 1, it has sold 105 e-books. That includes sales of hardcover and paperback books for which there is no e-book edition. The electronic retailer also announced its fastest year-over-year growth rate for its U.S. book business, in both units and dollars, in more than a decade. That included books in all formats, print and digital.

E-books continue to take market share away from large brick-and-mortar retailers. Borders filed for bankruptcy earlier this year and closed 30 percent of its stores.

Last fall, the Boise Public Library system joined many of the nation's book repositories in offering free e-book borrowing.

Tags

Add a comment

Note: Comments are limited to 200 words.