Amazon.com Physical Books Growth Lags

In the article “As E-Book Sales Rise, Apple iPad Bests Amazon Kindle” Amazon Chief Executive Jeff Bezos says “After five years, e-books [are] a multibillion-dollar category for us and growing fast—up approximately 70 percent last year. In contrast, our physical book sales experienced the lowest December growth rate in our 17 years as a book seller, up just five percent.”

This is great news for indie authors who publish only on Kindle but it looks like Amazon.com has to contend with the rapid growth of the iPad.  You can read the entire article here.

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