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Amazon sells more ebooks than hardcover books

Amazon.com is now selling more Kindle ebooks than it is selling hardcover books.

Kindle, its proprietary ebook reader is the number one selling item on Amazon.com, the American site, for two years running, said Amazon.

Jeff Bezos, founder and ceo of Amazon.com said: "Even while our hardcover sales continue to grow, the Kindle format has now overtaken the hardcover format. Amazon.com customers now purchase more Kindle books than hardcover books --- astonishing when you consider that we've been selling hardcover books for 15 years, and Kindle books for 33 months."

Over the past three months, for every 100 hardcover books Amazon.com has sold, it has sold 143 Kindle books. Over the past month, for every 100 hardcover books Amazon.com has sold, it has sold 180 Kindle books. This is across Amazon.com's entire U.S. book business and includes sales of hardcover books where there is no Kindle edition. Free Kindle books are excludedfrom the quoted figures.

On July 6, Hachette announced that James Patterson had sold 1.14 million e-books to date. Of those, 867,881 were Kindle books, said Amazon.

Five authors--Charlaine Harris, Stieg Larsson, Stephenie Meyer, James Patterson, and Nora Roberts--have each sold more than 500,000 Kindle books, according to Amazon.

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24july10 372
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