eBillions Of eBooks

Amazon.com Announces Fourth Quarter Sales up 22% to $21.27 Billion

Jeff Bezos honks:

We’re now seeing the transition we’ve been expecting. 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.

Boldfaced emphasis added by me.

Just five years for that to happen.

And Bezos was expecting it.

While the Big Six/Four clutched their pearls and did nothing.

What were they expecting? Illegal collusion to save them?

Wake up, move fast, or die.


Leave a comment

Filed under Amazon Kindle, Books: General, Digital Overthrow, eBooks: General

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s