Amazon E-Books Overtake Hardbacks
I remember when to hold a hardback copy of a book or for an author to have their original writings contained in a hardback was an incredible honour. But oh how the world has changed. Here is what has been happening at Amazon the past few months.
‘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.