financial report, and for writers, myself included, who have decided to take the indie ebook plunge rather than go the traditional publishing route, it contains some exciting news.
First, Amazon is now selling more Kindle books than paperbacks. In 2010, for every 100 paperbacks Amazon sold, it sold 115 Kindle books. This statistic doesn’t include free Kindle books, so the figure is actually higher.
Authors, especially indie authors, will frequently offer their ebooks for free, or at a greatly reduced price, for a limited period of time. Check Amazon’s Kindle store and its Limited-Time Offers page for the latest, and if you’re on Facebook and Twitter, watch for authors' announcements of free ebooks and ebook specials. You can also find free out-of-copyright books at the Kindle store, including classics like Pride and Prejudice and The Adventures of Sherlock Holmes.
Second, Amazon sold “millions” of third-generation Kindles in the fourth quarter of 2010. That makes it the biggest selling product in Amazon’s history, even bigger than the previous record-holder, J.K. Rowling’s Harry Potter and the Deathly Hallows. I’ve got a first-generation Kindle, and I’m dying to get my hands on a Kindle 3.
Third, the U.S. Kindle store has more than 810,000 books, and that number is growing every day.
And fourth, Amazon has launched even more free Kindle apps, allowing ebooks to be read on devices other than the Kindle (including Android phones, iPhones, BlackBerries, and your PC or Mac).
Just a couple years ago the experts were saying that most people would never exchange an in-the-flesh book for an electronic one, but the Kindle (as well as the Nook and other e-readers) is proving them wrong. Publishing is undergoing a sea change. It’s an exciting time to be a writer.