Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Amazon: Kindle titles outpacing hardcovers (Dinosaur Media DeathWatch™)
CNET News ^ | July 19, 2010 | Caroline McCarthy

Posted on 07/20/2010 1:19:19 PM PDT by abb

The Amazon.com Kindle e-reader and bookstore have reached a "tipping point," the company said Monday, with Kindle titles outselling hardcover books on the massive online marketplace for the first time.

"We've reached a tipping point with the new price of Kindle--the growth rate of Kindle device unit sales has tripled since we lowered the price from $259 to $189," Amazon founder and CEO Jeff Bezos said in an announcement release, referring to last month's price drop for the device. "In addition, even while our hardcover sales continue to grow, the Kindle format has now overtaken the hardcover format. Amazon.com customers now purchase more Kindle books than hardcover books--astonishing, when you consider that we've been selling hardcover books for 15 years and Kindle books for 33 months."

And Kindle titles continue to outpace hardcovers, statistics from Amazon showed. In the past three months, 143 Kindle books were sold for every 100 hardcovers, but when that time frame is narrowed to a month, it's 180 Kindle books for every 100 hardcovers. Total e-book sales tripled from the first half of 2009 to the first half of 2010.

This comes despite months' worth of claims of naysayers who speculated that Apple's sophisticated iPad might render obsolete e-readers like the Kindle. But with prices higher in Apple's iBooks store than for many Kindle titles, and a Kindle app available for both the iPad and iPhone, the supposed death of the Kindle seems far less imminent. Some have even surmised that the discrepancies between the devices may play to Amazon's hand rather than Apple's.

Amazon is slated to announce its second-quarter earnings on Thursday, and analysts are speculating that it'll post an extremely strong quarter.


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: books; dbm; digital; kindle
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-88 next last
Of interest to our group
1 posted on 07/20/2010 1:19:25 PM PDT by abb
[ Post Reply | Private Reply | View Replies]

To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; Bahbah; bert; bilhosty; Caipirabob; carmenbmw; ...

ping


2 posted on 07/20/2010 1:19:56 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Books are dinosaur media?


3 posted on 07/20/2010 1:21:08 PM PDT by green iguana
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Maybe we can get Stephen King to finish “The Plant” now!

(it was a fun read)


4 posted on 07/20/2010 1:21:14 PM PDT by Mr. K (Physically unable to proofread- I swear I try!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

I can understand this. Anytime I go into a local store to find a good novel to read, I can’t, because 90% of the shelf space is taken up by romance novels.


5 posted on 07/20/2010 1:21:52 PM PDT by chris37
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Family and friends share lots of books with each other.

The Kindle would put an end to that.


6 posted on 07/20/2010 1:23:49 PM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Got mine for Father’s day. No more carrying two or three books on travel, just one slim Kindle. Love it. BTW, the cost of the books is less than half of the published price. Fits in your coat pocket.


7 posted on 07/20/2010 1:25:55 PM PDT by equalitybeforethelaw
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

I wonder if they are comparing apples and apples on this...for every 100 hardcover copies of the new James Lee Burke, they are selling 143 e-books?...seems unlikely...magritte


8 posted on 07/20/2010 1:26:11 PM PDT by magritte ("There are moments, Jeeves, when one asks oneself "Do trousers matter?")
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Of course by limiting to vs hardcovers they’re missing 80% of the sales volume. Paperbacks are still what make the industry go round, publishers and stores love the price and profit margin of hardbacks, but for readers they tend to only buy hardbacks for favorite authors.


9 posted on 07/20/2010 1:26:11 PM PDT by discostu (like a dog being shown a card trick)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Carley

I have a Nook (Barnes and Noble’s brand) and has a “Lend Me” function that allows for book sharing.


10 posted on 07/20/2010 1:26:40 PM PDT by Aggie Mama
[ Post Reply | Private Reply | To 6 | View Replies]

To: abb
Also project Gutenberg is putting out books that are in the public domain. A lot of the great 1950's and 1960's sci-fi magazines are now available for free in Kindle format. I find them a lot of fun to see what people 50 years ago thought the world would be like today. Traveling to Mars on rocket ships, but still using a slide rule for navigation.

Also there are more serious books from classic works of fiction to historical books written soon after the events. The 1898 book "The River War" by Sir Winston Churchill was a particularly good read. Since when written none of the people involved had become famous yet. However many of the lieutenants and majors mentioned will later become the generals and admirals who will lead Britain in the first world war. And of course Churchill had rather an impressive future ahead of him as well.
11 posted on 07/20/2010 1:26:53 PM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: chris37

Romance is the license to print money genre. As much as those of us who don’t read it like to scoff at it, romance sales are crazy, can blame the stores for stocking what people buy.


12 posted on 07/20/2010 1:28:01 PM PDT by discostu (like a dog being shown a card trick)
[ Post Reply | Private Reply | To 5 | View Replies]

To: discostu

Of course by limiting to vs hardcovers they’re missing 80% of the sales volume. Paperbacks are still what make the industry go round, publishers and stores love the price and profit margin of hardbacks, but for readers they tend to only buy hardbacks for favorite authors.

They have pretty much what ever you want to read, old and new. Further, they have all the classics available for free or for about $.75. If its not in Kindle format, just request it. The great thing is you can download pretty much anywhere (books, magazines, newspapers) and are not required to pay a monthly internet fee (like the IPAD). Wonderful technology. Not good for pictures though.


13 posted on 07/20/2010 1:29:51 PM PDT by equalitybeforethelaw
[ Post Reply | Private Reply | To 9 | View Replies]

To: Carley

“Family and friends share lots of books with each other.

The Kindle would put an end to that.”

That is one reason I got a Nook (from Barnes and Noble). If you buy an e-book from B&N you can “lend” it to another person for up to 14 days. Another reason is that I can buy e-books from other eReader sellers like Sony and upload them onto my Nook, and I can share those books with others as well.


14 posted on 07/20/2010 1:32:24 PM PDT by CA Conservative
[ Post Reply | Private Reply | To 6 | View Replies]

To: abb

The problem with this statistic is that the “number of titles” includes self-published “books” that Amazon facilitates for the Kindle (My Life as an Indianapolis Fry Cook). Now if they were to show the count of titles that are also in physical print, and then compare the electronic vs. print sales then you’d see a different story.


15 posted on 07/20/2010 1:33:17 PM PDT by ElkGroveDan (Now can we forget about that old rum-runner Joe Kennedy and his progeny of philandering drunks?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

http://www.foliomag.com/2010/newsweek-auction-gets-more-political
Newsweek Auction Gets (More) Political

http://www.broadcastingcable.com/article/455000-DeMint_Bill_Would_Create_Hurdles_for_Net_Neutrality_Regs.php
DeMint Bill Would Create Hurdles for Net Neutrality Regs
BIll would curtail FCC’s authority over competition policy

http://gannettblog.blogspot.com/2010/07/how-viral-videos-are-killing-tv-ads.html
How viral videos are killing television ads: Part 2

http://www.mediabistro.com/tvnewser/evening_news_ratings/evening_news_ratings_week_of_july_12_168170.asp
Evening News Ratings: Week of July 12

http://www.thebigmoney.com/articles/impressions/2010/07/20/wall-street-journal-future-news-video?page=full
Is the Wall Street Journal the Future of News Video?
Why TV news in 2015 could look a lot like the outlet’s video today.

http://www.marketwatch.com/story/lee-enterprises-shares-off-after-3rd-period-report-2010-07-20?siteid=yhoof2
Lee Enterprises shares off after 3rd-period report


16 posted on 07/20/2010 1:33:18 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 2 | View Replies]

To: abb

My wife and I both read a lot.But..

We usually get the paperback version, read it, change hands, take it to the used book store and trade.

Very few books do I want to read more than once.
Then why have a bunch of books on a Kindle/Nook or whatever.

When they rent them for 30 days for around $5 with an option to buy count me in.


17 posted on 07/20/2010 1:33:18 PM PDT by Vinnie (You're Nobody 'Til Somebody Jihads You)
[ Post Reply | Private Reply | To 1 | View Replies]

To: abb

Great until a societal collapse and the electrity goes out and the batteries die.


18 posted on 07/20/2010 1:34:03 PM PDT by matt1234 (The only crisis 0bama can manage is one he intentionally created.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Aggie Mama

So the other person has to buy a Nook too?

Between the two of us we would have spent hundreds of dollars, yes?


19 posted on 07/20/2010 1:34:46 PM PDT by Carley (For those who fought for it, freedom has a flavor the protected will never know.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: green iguana
Books are dinosaur media?

I think a good argument could be made that they indeed are just that.

20 posted on 07/20/2010 1:35:06 PM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
[ Post Reply | Private Reply | To 3 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-88 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson