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May 20, 2011

Kindle Ebooks Outsells Physical Books at Amazon

Less than four years after their introduction, Kindle electronic books are now outselling physical books on Amazon.

Since April 1, for every 100 print books Amazon has sold — including paper books for which there are no Kindle books available — it has sold 105 Kindle books. The company has sold more than three times as many Kindle books in 2011 as it did in the same time period in 2010.
News of the coup comes less than a year after Amazon announced that sales of its digital book format had surpassed hardcover sales, and less than four months after Kindle sales surpassed paperback sales.

Amazon released the Kindle First Generation on November 19, 2007, for US$399 and was sold out in five and a half hours. The device remained out of stock for five months until late April 2008.It is the only Kindle with expandable memory, via an SD card slot. 

The device features a 6 inch (diagonal) 4-level grayscale display, with 250 MB of internal memory, which can hold approximately 200 non-illustrated titles.

Amazon did not sell the Kindle First Generation outside the United States. Plans for a launch in the UK and other European countries were delayed by problems with signing up suitable wireless network operator.

In 2010, Amazon remained the undisputed leader in the e-reader category, accounting for 59% of e-readers shipped, and it gained 14 percentage points in share. According to an IDC study from March 2011, sales for all e-book readers worldwide gained to 12.8 millions in 2010; 48% of them were Kindle models