Amazon Selling More Ebooks Than Paperbacks

Posted: January 30, 2011 in General
Tags: , ,

The latest report put out from Amazon (which can be read here) has some very interesting figures – they are now selling more ebooks than paperbacks, at the rate of 115 to 100. That is good news for ebook sellers, especially the indies.

That doesn’t mean bad news for paperbacks though. Ebooks generally sell far cheaper than paperbacks, with a whole slew of them going for just $0.99. So while the volume may be higher, paperbacks still make the larger portion of profits.

Still, it points to a shiny future ahead for those like me – I hope.

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