Stat of the day: 115

The number of e-books Amazon sold in the US for every 100 paperback books it sold.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
In a bit of a surprising revelation, Amazon has announced that sales of e-books for its Kindle product have outstripped the number of paperbacks sold in the last quarter of 2010.

While this was perhaps inevitable, it’s surprising as the shift has come this soon: sales of e-books overtook hardcovers in July last year - but it was predicted the same wouldn’t happen to paperbacks until spring this year.

But this isn’t the final chapter for paperbacks, Amazon stressed, as sales of the more traditional reading material are still continuing to rise.  

Amazon’s Kindle device, a portable e-book reader, was launched in the US in 2007.  Although the online retailer hasn’t confirmed how many it’s sold, the device has surpassed Harry Potter and the Deathly Hallows as the best-selling item in Amazon history.   

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Reopening: Your duty is not to the economy, it’s to your staff

Managers are on shaky ground if they think they can decide for people what constitutes...

How COVID changes the world forever: A thought experiment

Silicon Valley ‘oracle’ Tim O’Reilly imagines how different sectors could emerge from the pandemic.

The CEO's guide to switching off

Too much hard work is counterproductive. Here four leaders share how they ease the pressure....

What Lego robots can teach us about motivating teams

People crave meaningful work, yet managers can so easily make it all seem futile.

What went wrong at Debenhams?

There are lessons in the high street store's sorry story.

How to find the right mentor or executive coach

One minute briefing: McDonald’s UK CEO Paul Pomroy.