Amazon Kindle eBook at Maximum Height
The era of electronic readers has begun. It may sound a bit unbelievable but in coming few years most of our reading would be done on computers, e-book readers and similar electronic reader gadgets.
There is a debate going on regarding the advent of electronic books. Can these books replace the old paper books completely, partially or none at all.
Before you begin forming decision let’s see how Amazon’s Progress is going so far.
Amazon came up with its first of its kind electronic reader Amazon Kindle which proved to be a turning point for both Amazon and Book publishers.
Amazon has now shifted its revenue model from selling others’ products to consumers to selling eBooks for Amazon Kindle. The whole shift has changed the way people read. In many countries the switch from Paper books is going on steadily.
Amazon Sold 115 eBooks for every 100 Paperback Books
Like eBay announced Apple iPad and Apple iPhone 4 to be the most sought after gadgets of 2010, Amazon also published a report on the sales it registered in 2010.
According to Amazon, year 2010 saw a big rise in popularity of electronic reader as well as eBooks. It sold nearly 115 books for every 100 paperback books. It is not difficult to calculate that eBooks sold a 115% of paperback books.
It is an impressive statistic and it would certainly motivate authors to publish their books in digital format.
Books developed for Amazon Kindle can be run on Windows, Apple iPad, Apple iPhone and Android devices with an application developed by Amazon.
In a statement, CEO Jeff Bezos said, “Last July we announced that Kindle books had passed hardcovers and predicted that Kindle would surpass paperbacks in the second quarter of this year, so this milestone has come even sooner than we expected – and it’s on top of continued growth in paperback sales.”
The Code to Success Cracked
I was utterly bewildered to see this exponential rise in Amazon’s revenue which touched nearly $10 billion in a single quarter. It is both shocking and inspiring statistic.
I have come to this theory that New eBook Readers and similar electronic readers could become popular among crowd only if they are unique in what they do and have a big, no, not big but huge library containing big titles.
The debate when eBooks and Electronic Readers are good might never end but one is for sure these gadgets are really popular, if they weren’t Amazon would have gained such amazing numbers.
A Question for ‘You’: I want you to participate in the debate I am talking of in the above article. What do you think? Can eBook Readers and Electronic Readers ever replace the traditional books?
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