Rare Book Monthly

Articles - June - 2011 Issue

Electronic Books at Amazon Now Outselling All Printed Books

$114 Kindle with Special Offers (advertising) is Amazon's best selling Kindle e-reader.

$114 Kindle with Special Offers (advertising) is Amazon's best selling Kindle e-reader.

Another milestone has been reached in the onrushing movement from printed books to electronic ones. Amazon.com, the world's largest online bookseller, announced that electronic books are now outselling all types of printed books combined. The speed of change has astonished even Amazon. It was just last July that Amazon announced that e-books were outselling hardcover books. Then, last January, they announced e-books were outselling paperbacks. Now they outsell everything else combined.

 

In a published statement, Amazon CEO Jeff Bezos was quoted as saying, "Customers are now choosing Kindle books more often than print books. 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." Kindle is Amazon's proprietary electronic book reader.

 

Amazon announced that since April 1, they have sold 105 e-books for every 100 printed ones. This despite the fact that not all books are available in electronic format, and it does not include free e-books given away by Amazon. Sales of electronic books, they said, are more than three times as great this year as for the same period last year.

 

Amazon also stated that the relative growth in e-books is not a function of declining sales of printed editions. Amazon said that sales of print books have also grown, though obviously at a far slower rate. In England, where Amazon's Kindle store was introduced less than a year ago, e-book sales have already surpassed hardcover sales by a 2-1 margin.

 

Amazon also reported that their $114 Kindle is their biggest selling electronic reader. A couple of years ago, a Kindle would have set you back $300. Declining prices of electronic readers are undoubtedly boosting sales of electronic books.

 

While e-books now lead Amazon's sales, traditional printed books still lead the overall market. Figures for March published by the Association of American Publishers indicate that e-books still represent less than 20% of the market. Paperbacks still lead the way with hardbacks number two. Nevertheless, the growth rate for electronic books far outpaces anything else. The AAP stated that the year-to-year growth rate for e-books was 145.7%, compared to 6% for hardbacks and a decline of 7.7% for paperbacks.

 


Posted On: 2011-06-01 00:00
User Name: pjsaine

Sounds like a press release from AMZ. How many books does AMZ actually sell? (Hard numbers please). Marketplace sales? Free ebook downloads? Just bec


Posted On: 2011-06-01 00:00
User Name: Editor

The figures come from Amazon, and they did not provide hard sales numbers. Hence the broader based numbers from the AP (publishers) which indicates el


Rare Book Monthly

  • DOYLERare Books, Autographs & MapsJuly 23, 2025 DOYLERare Books, Autographs & MapsJuly 23, 2025
    DOYLE
    Rare Books, Autographs & Maps
    July 23, 2025
    DOYLE
    Rare Books, Autographs & Maps
    July 23, 2025
    DOYLE, July 23: WALL, BERNHARDT. Greenwich Village. Types, Tenements & Temples. Estimate $300-500
    DOYLE, July 23: STOKES, I. N. PHELPS. The Iconography of Manhattan Island, 1498-1909. New York: Robert H. Dodd, 1915-28. Estimate: $3,000-5,000
    DOYLE, July 23: [AUTOGRAPH - US PRESIDENT]FRANKLIN D. ROOSEVELT. A signed photograph of Franklin D. Roosevelt. Estimate $500-800
    DOYLE, July 23: [ARION PRESS]. ABBOTT, EDWIN A. Flatland. A Romance of Many Dimensions. San Francisco, 1980. Estimate $2,000-3,000.
    DOYLE, July 23: TOLSTOY, LYOF N. and NATHAN HASKELL DOLE, translator. Anna Karénina ... in eight parts. New York: Thomas Y. Crowell & Co., [1886]. Estimate: $400-600
    DOYLE, July 23: ROWLING, J.K. Harry Potter and the Goblet of Fire. London: Bloomsbury, 2000. Estimate $1,200-1,800
  • Freeman’s | HindmanWestern Manuscripts and MiniaturesJuly 8, 2025 Freeman’s | HindmanWestern Manuscripts and MiniaturesJuly 8, 2025
    Freeman’s | Hindman
    Western Manuscripts and Miniatures
    July 8, 2025
    Freeman’s | Hindman
    Western Manuscripts and Miniatures
    July 8, 2025
    Freeman’s | Hindman, July 8. FRANCESCO PETRARCH (b. Arezzo, 20 July 1304; d. Arqua Petrarca, 19 July 1374). $20,000-30,000.
    Freeman’s | Hindman, July 8. CIRCLE OF THE MASTER OF THE VITAE IMPERATORUM (active Milan, 1431-1459). $15,000-20,000.
    Freeman’s | Hindman, July 8. CIRCLE OF ATTAVANTE DEGLI ATTAVANTI (GABRIELLO DI VANTE) (active Florence, c. 1452-c. 1520/25). $15,000-20,000.
    Freeman’s | Hindman, July 8. FOLLOWER OF HERMAN SCHEERE (active London, c. 1405-1425). $15,000-20,000.
    Freeman’s | Hindman, July 8. An exceptionally rare, illuminated music leaf from a Mozarabic Antiphonal with sister leaves mostly in museum collections. $11,500-14,000.
    Freeman’s | Hindman, July 8. Exceptional leaf from a prestigious Antiphonary by a leading illuminator of the late Duecento. $11,500-14,000.
    Freeman’s | Hindman, July 8. CIRCLE OF THE MASTER OF MS REID 33 and SELWERD ABBEY SCRIPTORIUM (AGNES MARTINI?) (active The Netherlands, Groningen, c. 1468-1510). $10,000-15,000.
    Freeman’s | Hindman, July 8. Previously unknown illumination from one of the most renowned Gothic Choir Book sets of the Middle Ages. $6,000-8,000.
  • Sotheby’sBooks, Manuscripts and Music from Medieval to ModernNow through July 10, 2025 Sotheby’sBooks, Manuscripts and Music from Medieval to ModernNow through July 10, 2025
    Sotheby’s
    Books, Manuscripts and Music from Medieval to Modern
    Now through July 10, 2025
    Sotheby’s
    Books, Manuscripts and Music from Medieval to Modern
    Now through July 10, 2025
    Sotheby’s, Ending July 10: Book of Hours by the Masters of Otto van Moerdrecht, Use of Sarum, in Latin, Southern Netherlands (Bruges), c.1450. £20,000 to £30,000.
    Sotheby’s, Ending July 10: Albert Einstein. Autograph letter signed, to Attilio Palatino, on his research into General Relativity, 12 May 1929. £12,000 to £18,000.
    Sotheby’s, Ending July 10: John Gould. The Birds of Europe, [1832-] 1837, 5 volumes, contemporary half morocco, subscriber’s copy. £40,000 to £60,000.
    Sotheby’s
    Books, Manuscripts and Music from Medieval to Modern
    Now through July 10, 2025
    Sotheby’s, Ending July 10: Ian Fleming. A collection of James Bond first editions, 8 volumes in all. £8,000 to £12,000.
    Sotheby’s, Ending July 10: J.K. Rowling. Harry Potter and the Philosopher's Stone, 1997, first edition, hardback issue. £50,000 to £70,000.
    Sotheby’s, Ending July 10: J.R.R. Tolkien. Autograph letter signed, to Amy Ronald, on Pauline Baynes's map of Middle Earth, 1970. £7,000 to £10,000.
  • Rare Book Hub is now mobile-friendly! Rare Book Hub is now mobile-friendly!
    Rare Book Hub is now mobile-friendly!
    Rare Book Hub is now mobile-friendly!

Article Search

Archived Articles