Amazon now selling more Kindle books than printed books

Amazon says its customers are now buying more Kindle books than all hardcover and paperback books combined.

Four years after introducing its Kindle ereader, Amazon is crowing the platform’s success with another milestone: customers are nowbuying more titles for the Kindle than hardback and paperback books combined. Amazon says it sold 105 Kindle books for every 100 print books in any format since April 1, including print books for which no electronic version is available. Overall, Amazon says the success of the Kindle have resulted in the fasted year-on-year growth rate for Amazon’s U.S. books business in over 10 years.

“We had high hopes that this would happen eventually, but we never imagined it would happen this quickly—we’ve been selling print books for 15 years and Kindle books for less than four years,” said founder and CEO Jeff Bezos, in a statement. “We’re grateful to our customers for continuing to make Kindle the bestselling e-reader in the world and the Kindle Store the most popular e-bookstore in the world. CLICK HERE to read the full story. 

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