Amazon Selling 80% More eBooks Than Hardcovers

The prediction of the Kindle’s death at the hands of the iPad seems to be incorrect.

After dropping the price of the eReader to $189, Amazon is now reporting a strong growth is sales, especially in the eBook department.  In fact, Amazon.com is reportedly selling 80% more eBooks than hardbacks, changing the way publishers produce the written word.

“The Kindle format has now overtaken the hardcover format,” said Jeff Bezos, Amazon’s chief executive, in a statement.  “Astonishing when considering that we’ve been selling hardcover books for 15 years and Kindle books for 33 months.”

While the numbers are impressive, paperback books weren’t included in the sales numbers.  Paperbacks far outsell hardbacks as a general rule.  Still, the numbers are impressive with eBooks out-pacing the number of hardcover books 143 to 100 over the past three months.

Many were saying the Kindle would be out when Apple announced that the iPad had sold over a million copies in its first 28 days of release along with selling 1.5 million eBooks simultaneously.  Amazon jumped into action, lowering the price from $259 to $189, hours after Barnes & Noble lowered the Nook’s price to $199 and introduced a $150 version.  Amazon says their sales have tripled as a result.

Amazon has about 630,000 e-books for sale and a bunch of titles that are available for free.  Most copies sell for $9.99 or less while hardback copies are sold for around $25.

eBooks seem to be the way printed media is going and I just have to say thank goodness.  It’s one more step towards living in a Star Trek world.