Amazon: E-books Will Overtake Paperbacks by the End of 2011

 By 
Stan Schroeder
 on 
Amazon: E-books Will Overtake Paperbacks by the End of 2011
Mashable Image
Credit:

"I predict we will surpass paperback sales sometime in the next nine to 12 months. Sometime after that, we'll surpass the combination of paperback and hardcover," Amazon CEO Jeff Bezos told USA Today.

Kindle books have already eclipsed hardcover sales; Amazon recently said it sells 180 e-books for every 100 hardcovers, with the ratio constantly shifting in e-books' favor.

Many readers still favor the good old printed book. In a recent poll, most Mashable readers cited a preference for physical books over e-books. However, with the e-reader/tablet battle heating up (the iPad is selling amazingly well, and Amazon recently launched a new version of the Kindle) -- not to mention the increased convenience and accessibility of e-books via a range of mobile and desktop apps -- paperbacks and hardcovers may soon become a minority in the world of books.

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!