Amazon e-book sales overtake print for first time

December 30, 2009 01:08 am | Updated 03:15 am IST

Spare a thought for the humble hardback this Christmas. It seems the traditional giftwrapped tome is being trumped by downloads, after Amazon customers bought more e-books than printed books for the first time on Christmas Day.

As people rushed to fill their freshly unwrapped e-readers — one of the top-selling gadgets this festive season — the online retailer said sales at its electronic book store quickly overtook orders for physical books. Its own e-reader, the Kindle, is now the most popular gift in Amazon’s history.

Amazon’s shares rose sharply on Monday after it updated investors on a strong Christmas performance. On its peak day, December 14, the retailer said customers ordered more than 9.5 m items worldwide, the equivalent of a record-breaking 110 items a second.

The Seattle-based company’s top sellers in its home market included Apple’s iPod touch, Scrabble Slam Cards, Nintendo’s Wii Fit Plus with balance board, the latest Harry Potter DVD, Sarah Palin’s book Going Rogue and Susan Boyle’s album, I Dreamed a Dream.

Although Amazon has repeatedly trumpeted “record-breaking” Kindle sales, it has refused to say exactly how many have been sold since the 2007 launch.

Sandeep Aggarwal, an analyst with Collins Stewart in New York who has tracked the Kindle’s performance, believes that across both models — the paperback-sized Kindle 2 and larger DX — Amazon may be on target to have sold a little over 500,000 units by the end of the year. Nor does it divulge data about the Kindle-compatible books it sells from a Kindle Store that now includes more than 390,000 titles. — © Guardian Newspapers Limited, 2009

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.