Kindle E-Books Now Outselling All Paper Books on Amazon

Amazon announced a bellwether moment for electronic books today – Kindle e-books now completely outsell hardcover and paperback copies combined.

We are not going to sit here and say anything foolish like “the paper book is dead.” It most certainly is not. Since April 1, 2011, for every 100 paper books that have been sold on Amazon.com, there have been 105 Kindle books sold, Amazon says. It is not like the e-book has killed the paper book and it probably never will. But, e-books are growing and Amazon’s simple formula is driving the pace. Device ubiquity plus low prices and popular content equals: one killer platform steamrolling the competition.

Full article at NYT.com