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Thread: Amazon e-books outsell paperbacks

  1. #1
    Former Staff Senior Contributor Ironduke's Avatar
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    Amazon e-books outsell paperbacks

    Well, this is an interesting trend. Looks like the information age is laying waste to even to oldest, venerable standby of the olden age, the book.

    Anybody own a Kindle, and can give recommendations on it?
    Amazon Kindle e-book downloads outsell paperbacks

    Amazon has announced that in the US it sold more e-books for its Kindle device than it sold paperback books in the last three months of 2010.

    But its profit margins were down as it spent money on discounting, acquisitions and building new depots.

    Amazon shares fell 9% in after-hours trading as its sales were not as good as had been expected.

    Three month net sales passed $10bn for the first time, up 36% to $12.95bn, but analysts had predicted a higher figure.

    Three month net income came in at $416m (262m), which was up 8% from the same period last year.

    The world's biggest online retailer's operating margin declined to 3.7% from 5% at the end of 2009 and the company warned that it would be between 2.8% and 3.8% in the first three months of 2011.

    Its recent acquisitions have included Diapers.com and the DVD mail-order and streaming business Lovefilm.
    'Milestone'

    Amazon announced that in the US since the start of the year it had sold 115 e-book downloads for every 100 paperback books, even excluding its downloads of free books.
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    I still value reading paperbacks or books, but the e-reader is just more convenient”

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    But it stressed that sales of paperback books were also growing.

    "Last July we announced that Kindle books had passed hardcovers and predicted that Kindle would surpass paperbacks in the second quarter of this year," said Amazon boss Jeff Bezos.

    "So this milestone has come even sooner than we expected - and it's on top of continued growth in paperback sales."

    It has not said how many of its Kindle devices it has sold, but did say that they had overtaken the final book in the Harry Potter series to become the top-selling item in Amazon's history.

    Amazon shares have risen nearly 75% from their low-point of $105.80 in July.
    Source: BBC News
    BBC News - Amazon Kindle e-book downloads outsell paperbacks

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    I wonder, who is buying all that stuff if you can find almost everything for free?
    I rarely read books in recent years, but when it happens I download them through torrents or from file-sharing servers.

    For the past several months, when I finally got a true unlimited broadband, I have been devouring movies 24/7 from the latest blockbusters to the Hollywood classics and all without any payment. Of course it's kinda unfair towards the copyright holders but it's such a temptation, just a few clicks of mouse and you can see for example Avatar or 2012 or Shrek or classic noir or whatever you want on-line in HD and for free.

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    Hmm, makes me wonder if it would be possible to create an e-book option for some of the books in the WAB store?

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    Former Staff Senior Contributor Ironduke's Avatar
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    Quote Originally Posted by Kevin Brown View Post
    Hmm, makes me wonder if it would be possible to create an e-book option for some of the books in the WAB store?
    Yes, it could be done. The WAB Bookstore is going to need alot of work and redevelopment. I would say I got about a 1% start on it a couple years ago.

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    Official Thread Jacker Senior Contributor gunnut's Avatar
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    Quote Originally Posted by Ironduke View Post
    Anybody own a Kindle, and can give recommendations on it?
    I don't own a Kindle, but I've seen it up close. The e-ink display is unreal. It's not like the LCD we're used to on tablets and phones. It only uses energy when it changes states, ie from black to white or from white to black. Thus once displayed, the words and images don't take energy to maintain (or very small amount of energy).

    I had a survey in the pub about ebooks. Let me see if I can find it.

    Here we go:

    http://www.worldaffairsboard.com/wor...-e-reader.html
    "Only Nixon can go to China." -- Old Vulcan proverb.

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    kindle is revolutioning the reading world. So is Ipad.
    Good times for trees

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    Once you graduate from DTBs to E-books, you cannot go back to the old habits.
    E-Book readers are the best thing for the environment

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    Official Thread Jacker Senior Contributor gunnut's Avatar
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    Quote Originally Posted by sumob View Post
    Once you graduate from DTBs to E-books, you cannot go back to the old habits.
    E-Book readers are the best thing for the environment
    But e-book readers are made from plastic, which came from oil, a non-renewable resource.

    Paper is made from wood, which came from trees, a renewable resource.

    I thought we are pushing "green" technology that consumes more trees but less oil.
    "Only Nixon can go to China." -- Old Vulcan proverb.

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    Quote Originally Posted by gunnut View Post
    But e-book readers are made from plastic, which came from oil, a non-renewable resource.

    Paper is made from wood, which came from trees, a renewable resource.

    I thought we are pushing "green" technology that consumes more trees but less oil.
    We also have to consider the cost of the energy for cutting trees converting them to pulp and the chemicals and water required to convert them to paper and again the energy and the chemicals required for printing.

    On the otherhand with one e-book reader you can keep on reading books.
    Over the last 20 years I bought nearly 1000- 1500 books, and today my Kindle has almost 500 books, so envirom=nmentally I think it is better.

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    Official Thread Jacker Senior Contributor gunnut's Avatar
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    Quote Originally Posted by sumob View Post
    We also have to consider the cost of the energy for cutting trees converting them to pulp and the chemicals and water required to convert them to paper and again the energy and the chemicals required for printing.

    On the otherhand with one e-book reader you can keep on reading books.
    Over the last 20 years I bought nearly 1000- 1500 books, and today my Kindle has almost 500 books, so envirom=nmentally I think it is better.
    One bad thing about Kindle is you can't burn it for heat if you're cold.
    "Only Nixon can go to China." -- Old Vulcan proverb.

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    Military Professional McFire's Avatar
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    My wife got me a Kindle for Christmas and I love it. Simple to use and I have a whole library that's the size of a small thin book. You can add books to it whenever you're in a Wi-Fi area.
    "Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other." - John Adams

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    Quote Originally Posted by gunnut View Post
    One bad thing about Kindle is you can't burn it for heat if you're cold.
    you cant beat that

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