Amazon says price cuts bolstering Kindle eBook sales

News in pictures
News in pictures
On Facebook
Life & Style blogs

CC kills more people than cervical cancer; why haven’t we heard about it?

There is a disease whose incidence is rising in the UK and most of the industrialised world. However...

Time for a new approach to alcohol

Ambulances were called and three drunk teenagers were brought to my care. One was so drunk we had to...

London Fashion Week countdown

London Fashion Week is nearly upon us (again) and the invites are fast piling up. Our fashion team w...

Online retailer Amazon.com Inc has said that the recent price cut to its Kindle electronic reader has spurred sales of both the device and e-books.

Amazon last month cut the price of the Kindle to ward off competition from Apple's iPad tablet and from Barnes & Noble's Nook device.



In a statement, Amazon Chief Executive Jeff Bezos called the lower price "a tipping point," and the company said it sold three times as many Kindle books in the first half of 2010 as in the first half of 2009.



While Amazon regularly touts the success of the Kindle, it has declined in the past to provide sales figures for the device or e-books, citing company policy. The company did not immediately return a request for details on sales figures.



Amazon said in a statement that in the past three months, it has sold 143 e-books on its Kindle for every 100 hardcover books sold on its website.



Earlier this month, Amazon also cut the price on its most expensive version of the Kindle electronic reader.



Amazon shares were up $1.06 in after hours trading from a closing price on Monday on the Nasdaq Stock Market of $119.94.

Independent Comment
blog comments powered by Disqus
Career Services

Day In a Page

How an abortion divided America

How an abortion divided America

Single mother who took a pill to end her pregnancy is now fighting a landmark prosecution in a conservative state
Can you master a language in a weekend?

Can you master a language in a weekend?

Ed Cooke insists he can use his techniques as a memory expert to help novices learn even the hardest tongues.
The 10 best heaters

The 10 best heaters

From the DeLonghi Retro Fan Heater to the Dimplex MicroFire
Coming soon to a shelf near you: The publishing industry has gone mad for film-style trailers

Coming soon to a shelf near you

The publishing industry has gone mad for film-style trailers
Mad, bad and delightful to know: How Lord Byron became a cultural superstar

How Lord Byron became a cultural superstar

As the poet takes centre stage in the West End, Boyd Tonkin looks into the life of the outspoken champion of the poor
Did they all live happily ever after? That's up to you...

Did they all live happily ever after? That's up to you...

New digital novel will overturn centuries of literary tradition by allowing readers to choose how they would like story to end
How to look good for less – Primark in copycat row

How to look good for less – Primark in copycat row

With London Fashion Week starting tomorrow, designers are closeted in studios putting finishing touches to their collections
James Lawton: Arsène and Arsenal are living in the past

James Lawton

Arsène and Arsenal are living in the past
How Docherty's resurgent Reds beat Dutch greats

How Docherty's resurgent Reds beat Dutch greats

United have met Ajax only once before in Europe, in 1976. The key performers recall an electric occasion
Civil war at Ajax

Civil war at Ajax

A rift between two club legends has torn the Dutch giants apart
Lewis Moody: For an idea of where England are headed, look at Wales now

Lewis Moody column

For an idea of where England are headed, look at Wales now
Geoff Toovey: Little gem with huge incentive to become king of the world

Geoff Toovey interview

Little gem with huge incentive to become king of the world
Picture preview: Portrait of London

Portrait of London

Picture preview
No secularism please, we're British

No secularism please, we're British

Arguments about the role of religion in national life have recently acquired a new urgency
Harold Tillman: 'Chinese tourists can save the high street – if we let them'

Harold Tillman interview

'Chinese tourists can save the high street – if we let them'