E-Book Sales Pass Print on Amazon
Critic: 'One more nail in the coffin' of traditional bookstores
While the Rapture isn’t scheduled to occur until Saturday, according to members of certain religious fringe groups, it looks like doomsday has come early for publishers of print books.
Amazon announced Thursday that sales of e-books on the site have finally surpassed combined sales of hardcovers and paperbacks. For every 100 print books sold since April 1, the company said, it sold 105 digital ones, and credited the surge in e-book sales to its new ad-supported, lower-priced Kindle.
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