September 2, 2014

E-Books Sales at Amazon.com Increase 71% During 2012 as Sales of Print Books Slow

share save 171 16 E Books Sales at Amazon.com Increase 71% During 2012 as Sales of Print Books Slow

The increase in ebook sales were made by Jeff Bezos in a news release announcing Q4 2012 and Full Year 2012 earnings.

“We’re now seeing the transition we’ve been expecting,” said Jeff Bezos, founder and CEO of Amazon.com. “After 5 years, eBooks is a multi-billion dollar category for us and growing fast – up approximately 70% last year. In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just 5%. We’re excited and very grateful to our customers for their response to Kindle and our ever expanding ecosystem and selection.”

More about today’s Amazon.com news in a Gigaom post by Laura Hazard-Owen.

share save 171 16 E Books Sales at Amazon.com Increase 71% During 2012 as Sales of Print Books Slow
Gary Price About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.