Amazon sells more ebooks than hardcovers

Amazon sells more ebooks than hardcovers
Amazon sells more ebooks than hardcovers

In another sign that dead tree media is, well, dying, Amazon.com, the largest book retailer, announced that for the first time, sales of ebooks exceeded the number of hardcovers sold.

Amazon sold 143 ebooks for every 100 hardcovers sold during the second quarter of this year. The Kindle Store features more than 630,000 books for sale. Amazon has sold more ebooks in the first six months of this year than it did in the first half of 2009, further proof of the expanding market for ebooks.

However compared to the more than $4 billion in hardcover sales, ebooks is still a small and growing market. with only $81 million in sales, less than 1% of the total market.