Downloadable digital book sales have overtaken paper books on Amazon.com. There are now 115 ebooks sold for every 100 paperback books.
Previously it was reported that Kindle book sales had overtaken hardcover book sales. In reporting its latest massive earnings, Amazon says it’s now selling three times as many ebooks as hardcover books.
Free Kindle books are excluded from these new figures, and they include sales of books where no Kindle edition exists. Amazon CEO Jeff Bezos earlier predicted that this print–to–digital takeover would soon come. It’s arrived sooner than expected for the company.
Amazon also reported that they have sold millions of third-generation Kindle devices for reading the books, although did not report exact sales. The company offers a Kindle app across different eReader platforms, including iPad and Android supported devices, so sales would have seen an increase from those.
It is expected that by 2014, half of all trade books sold will be digital eBooks.