Technology

Amazon: e-books gaining market share

The online retailer is selling more e-books than physical ones

Federal News Network Staff

July 20, 2010 2:33 pm

< a min read

Amazon.com Inc. said it reached a milestone, selling more e-books than hardbacks over the past three months.

But publishers said it is still too early to gauge for the entire industry whether the growth of e-books is cannibalizing sales of paperback books, a huge and crucial market, the Wall Street Journal reports.

Amazon painted a picture of accelerating growth in sales of e-books, which can be read on Amazon’s own Kindle and through software on a host of other devices, including Apple’s iPad and iPhone. The figures don’t include free e-books.

These stories are part of our daily Dorobek Must Reads. Check out the full list of stories.