E-Books Are Outselling Paper Books

Thursday, May 19, 2011  |  Updated 9:55 AM PDT
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E-Books Are Outselling Paper Books

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Amazon says more people are buying digital books than traditional paper books nowadays.

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Amazon says it's selling more electronic books than printed books, less than four years after it started selling e-books.

Since April 1, Amazon says it has sold 105 e-books for every 100 printed books, including printed books for which there is no electronic edition. The comparison excludes free e-books.

Printed books include both hardcover and paperback books. Amazon said in July that e-book sales had outstripped hardcover sales.

Amazon also says the latest and cheapest version of its Kindle e-book reading device is the best-seller of the line, five weeks after it was introduced. It costs $114, and shows ads in standby mode.

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