Amazon loves Kindles, hates quantifying
Amazon.com is hoping to take a little of the shine off today’s expected announcement of Barnes & Noble’s Nook Color. Amazon says that they sold more Kindles during the month of October than they did in the entire 4th quarter of last year (obviously, the 4th quarter is when a company like that makes its money). Moreover, they say that electronic books are now outselling physical books, that’s hardcover and paperback combined. Vexingly, Amazon still refuses to say HOW MANY Kindles they sold. They’ve never disclosed those numbers.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.