On Thursday, Amazon announced that they now sell more e-books than paperbacks and hardcover books combined. "We had high hopes that this would happen eventually, but we never thought it would happen this quickly, " Amazon's CEO and founder Jeff Bezos said in a statement.
This is a significant milestone with consumers demonstrating their willingness to migrate to digital.
Cost is a key factor in this shift - Amazon's e-reader the 'Kindle' was recently slashed in price, while E-books are also cheaper than physical books. Was this a contributing factor to the Borders and Angus & Robertson bookshop collapse?
Who can say.
One thing is for sure, while stores may come and go, the tablet is here to stay.
No comments:
Post a Comment