Amazon says e-book sales of best-sellers double print

Oct 25, 2010
Amazon's Kindle DX 9.7" wireless reading device. Amazon customers are buying Kindle digital versions of the top 10 best-selling books more than twice as often as print copies, the online retail giant said Monday.

Amazon customers are buying Kindle digital versions of the top 10 best-selling books more than twice as often as print copies, the online retail giant said Monday.

" books are also outselling for the top 25, 100, and 1,000 bestsellers -- it's across the board," said Steve Kessel, senior vice president of Amazon Kindle.

"This is remarkable when you consider that we've been selling hardcover and paperback books for 15 years, and Kindle books for just 36 months," Kessel said in a statement.

Amazon announced in July that sales of electronic books for the Kindle have overtaken hardcover book sales.

Kessel said that "for the top 10 best-selling books on Amazon.com, customers are choosing Kindle books over hardcover and paperback books combined at a rate of greater than two to one."

Amazon said it sold more than three times as many Kindle books in the first nine months of this year as in the first nine months of 2009.

Amazon does not release actual sales figures for the Kindle but the company said the latest generation Kindles introduced in July are the fastest-selling Kindles yet and the best-selling products on Amazon.com and Amazon.co.uk.

"It's still October and we've already sold more Kindle devices since launch than we did during the entire fourth quarter of last year -- astonishing because the fourth quarter is the busiest time of year on Amazon," Kessel said.

"It's clear that this is going to be the biggest holiday for Kindle yet by far," he said.

Amazon unveiled two new versions of its Kindle in late July, including one that sells for 139 dollars, its lowest price yet.

Amazon cut the price of the Kindle and revamped the line in the face of a threat in the e-reader market from Apple's and companies like Sony and bookstore Barnes & Noble, which also offer e-readers.

Explore further: Alibaba steals Yahoo's thunder ahead of IPO

add to favorites email to friend print save as pdf

Related Stories

Amazon says new Kindle a best seller

Aug 25, 2010

Amazon.com on Wednesday said the new generation Kindle electronic book reader is a best seller, with people snapping up the devices at a record pace.

Staples to sell Amazon's Kindle

Aug 31, 2010

Staples will begin selling Amazon's Kindle electronic book reader this year, making the US office supply chain the second brick-and-mortar store to offer the device.

Amazon offers to replace Orwell books on Kindles

Sep 04, 2009

(AP) -- Amazon.com Inc. is offering free books or $30 to Kindle customers whose copies of the George Orwell novels "1984" and "Animal Farm" were deleted from their electronic reading devices in July.

Recommended for you

IBM posts lower 1Q earnings amid hardware slump

4 hours ago

IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets.

New US-Spanish firm says targets rich mobile ad market

10 hours ago

Spanish telecoms firm Telefonica and US investment giant Blackstone launched a mobile telephone advertising venture on Wednesday, challenging internet giants such as Google and Facebook in a multi-billion-dollar ...

Technip, Heerema win third giant Angolan oil contract

14 hours ago

The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion.

User comments : 1

Adjust slider to filter visible comments by rank

Display comments: newest first

SamB
1 / 5 (2) Oct 25, 2010
It only shows me how few printed books are sold these days. Originally, printing presses were invented so the average person could afford a book. Now, you go into a book store and books are priced far beyond what the average pay check can reasonably afford......

More news stories

Microsoft CEO is driving data-culture mindset

(Phys.org) —Microsoft's future strategy: is all about leveraging data, from different sources, coming together using one cohesive Microsoft architecture. Microsoft CEO Satya Nadella on Tuesday, both in ...

Simplicity is key to co-operative robots

A way of making hundreds—or even thousands—of tiny robots cluster to carry out tasks without using any memory or processing power has been developed by engineers at the University of Sheffield, UK.

IBM posts lower 1Q earnings amid hardware slump

IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exasperated by weaker demand in China and emerging markets.

Down's chromosome cause genome-wide disruption

The extra copy of Chromosome 21 that causes Down's syndrome throws a spanner into the workings of all the other chromosomes as well, said a study published Wednesday that surprised its authors.