Amazon says Kindle book sales will overtake paperback sales soon

Amazon CEO told USA Today on Thursday that he expects the site’s sales of Kindle books to surpass those of paperbacks in less than a year. This doesn’t surprise me at all. First, despite the recent tantrums thrown by certain publishers that resulted in the the price of their ebooks being jacked up to $12.99, there are many many Kindle books still far cheaper than their paper counterparts. For example I was in Borders last week and found a book I really wanted. It was a trade paperback and the price was $15.99. I fired up my Kindle and found the e-version was just $9.99 and immediately downloaded it. Not only are many books cheaper, but I and everyone I know who has a Kindle has discovered they read more books now than they ever did, now that the price is cheaper, they can tote an entire library everywhere, and they don’t have to worry about storing them. No more bulging bookcases and to be read piles all over the place! There’s nothing wrong with paperbacks, but times are changing, and books sales are definitely reflecting that.

Read [AllThingsDigital]