‘Amazon.com has reached a milestone, selling more e-books than hardbacks over the past three months.

But publishers said it was still too early to gauge for the entire industry whether the growth of e-books was cannibalizing sales of paperback books, a huge and crucial market.

Amazon chief executive Jeff Bezos also countered the perception that sales of the company’s Kindle e-reading device had suffered due to the competition from other devices, such as Apple’s iPad.

He said the growth rate of Kindle device sales had ‘reached a tipping point’, having tripled since the company lowered its price to $US189 from $US259 last month, following a similar move by competitor Barnes & Noble to cut the price on its Nook e-reader…

Amazon painted a picture of accelerating growth in sales of e-books, which can be read on the Kindle and through software on a host of other devices, including Apple’s iPad and iPhone. The figures don’t include free e-books.

Over the past month, Amazon sold 180 Kindle books for every 100 hardcover books it sold, it said…

Another statistic shared by Amazon suggest it remains the leading retailer for e-books. The company said that of the 1.14 million James Patterson e-books sold as of July 6, nearly 868,000 were from Amazon. In June, Apple CEO Steve Jobs had claimed that his company’s iBookstore had taken 20 per cent of the market.’

Source: Geoffrey A. Fowler & Jeffrey A. Trachtenberg for The Australian

Amazon E-Books Overtake Hardbacks is a post from: OE Design Blog

A vook is a new innovation in reading that blends a well-written book, high-quality video and the power of the Internet into a single, complete story.

You can read your book, watch videos that enhance the story and connect with authors and your friends through social media all on one screen, without switching between platforms.

Vooks are available in two formats: As a web-based application you can read on your computer and a mobile application for reading on the go. With the web-based application you don’t have to download programs or install software. Just open your favorite browser and start reading and watching in an exciting new way.

You can also download and install the mobile applications through the Apple iTunes store and sync them with your Apple mobile device. To find out more about what is on offer as a vook go to: http://vook.com/index.php

Let’s Take A Look At Vook is a post from: OE Design Blog