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Kindle ebooks now outselling paperbacks & hardcovers with Amazon

Sections: ebooks, Gadgets / Other

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Amazon announced their Q4 2011 quarterly earnings just recently and they dropped a rather interesting little fact in — they are now selling more Kindle books then they are paperback books. Yup, it seems the Kindle is winning. Of course, having people read is really not about winning, but it seems the ereader is gaining more and more acceptance outside the geek crowd. Anyway, according to Amazon;

“Amazon.com is now selling more Kindle books than paperback books. Since the beginning of the year, for every 100 paperback books Amazon has sold, the Company has sold 115 Kindle books. Additionally, during this same time period the Company has sold three times as many Kindle books as hardcover books. This is across Amazon.com’s entire U.S. book business and includes sales of books where there is no Kindle edition. Free Kindle books are excluded and if included would make the numbers even higher.”

And to go with that, Amazon has described Kindle 3 sales as being in the “millions” and once again failed to give anything solid in terms of a number. Furthermore, the US Kindle Store now has more than 810,000 books available for sale.

Read [Yahoo! Finance] and [Business Insider]

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