E-books surpass print sales
Amazon says electronic books have surpassed traditional print book sales for the first time. The company accounts for about two thirds of e-book sales. The company reports that it sells 105 e-books for every 100 print books it sells, including books that do not have an electronic version. The figures include sales of Kindle Singles, short form content from magazine and newspaper articles. The company does not disclose its Kindle sales figures. Bezos:
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.