A fifth of American adults report that they have read an e-book in the past year.
Twenty-one percent of Americans have read an e-book. The increasing availability of e-content is prompting some to read more than in the past and to prefer buying books to borrowing them.
Continue reading… “The rise of e-books in America”
Ownership of e-readers is exploding.
E-reader ownership is exploding, according to a survey by Pew Internet Research. Ownership of e-readers such as the Amazon Kindle and Barnes & Noble Nook has grown from 6% to 12% of U.S. adults over the last six months. E-readers are more popular than tablets devices such as the iPad or various Android slates like the Samsung Galaxy Tab which are owned by 8% of U.S. adults.
Continue reading… “Ownership of e-readers doubles in six months”
Amazon has sold “millions” of third-generation Kindle electronic readers in the most recent quarter.
Amazon.com (AMZN) is now selling more Kindle e-books than paperbacks, the world’s biggest online retailer reported. But Amazon’s fourth-quarter financial results were mixed. Amazon says net income for the quarter climbed 8%, which surpasses Wall Street expectations. But revenue fell short, sending shares down nearly 10% at one point in extended trading.
Continue reading… “Amazon is Selling More Kindle e-Books Than Paperbacks”