Tuesday, July 20, 2010

Amazon says Kindle and e-book sales exceed conventional book sales

Bloomberg Business Week reports that Amazon now says it now sells more electronic books, for Kindle, than conventional printed books. The trend toward e-books seems to be returning: it was touted in the late 1990s (one of the COPA plaintiffs had an e-book innovation called SoftLock), dropped off, and seems to have returned.

The iPad certainly can also generate interest in eBooks, yet it’s hard to imagine that the appeal of a printed book, something you can take anywhere and out to the beach or on camping trips without worry about power, damage or Internet connections, would dwindle in comparison.

Kindle sales soared when Amazon cut its price.

Print-on-demand, popular with self-publishers, has not necessarily increased conventional printed book sales that much.

The BW story is here.

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