Ownership of e-readers doubles in six months

ereaders

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.

 

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Amazon is Selling More Kindle e-Books Than Paperbacks

Kindle3Books

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.

 

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