Monday, July 19, 2010

Ebooks Outsell Hardbacks on Amazon

Amazon reported today that it is now selling more ebooks than printed hardcover. Over the last three months, ebooks are outselling hardback by 43% and over the last month (since the big price drop on the Kindle), ebooks are are selling 80% more than hardbacks. These figures do not include free ebooks.

Amazon notes that while the American Association of Publishers is reporting that ebook sales are up 207% over the first five months of the year, sales of it's own Kindle format ebooks are up over 300%.