Kindle Revolution How Big is It

Is Kindle a Revolution and if it is, how big a revolution is it? I think it’s time we all start to accept that Amazon’s Kindle eBook reader is here to stay and is poised to revolutionizing the book publishing industry.

Amazon.com, Inc., (NASDAQ:AMZN) today announced that Nora Roberts has become the third author to sell over 1 million Kindle books, becoming the third member of the “Kindle Million Club.” As of yesterday, Nora Roberts has sold 1,170,539 Kindle books under her name and her pseudonym J.D. Robb. The Kindle Million Club recognizes authors whose books have sold over 1 million paid copies in the Kindle Store (www.amazon.com/kindlestore). Stieg Larsson, author of the Millennium Trilogy, was the first author to hit the 1 million mark. James Patterson, author of more than 65 books that span the genres of suspense, fantasy, romance, historical fiction and children’s, was the second author to join the Kindle Million Club.

So we now have the following members in the Kindle Million Club:

Amazon’s James Patterson Page
Amazon’s Stieg Larsson Page
Amazon’s Nora Roberts Page

Let’s look at some numbers to make a case that Kindle is indeed a revolution. Kindle sales during the past three years since its launch in November 2007:
100,000 Kindles – March 2008
750,000 Kindles – October 2008
1 Million Kindles – March 2009 (Kindle 2 Ships)
3 Million Kindles – December 2009
4 Million Kindles – July 2010
6 Million Kindles – August 2010 (Kindle 3 Ships)
8.5 Million Kindles – December 12, 2010
11 Million Kindles – December 24, 2010
12 Million Kindles – January 2011
22 Million Kindles – December 2011 (conservative projection)
35 Million Kindles – December 2012 (conservative projection)

Amazon announced on December 27, 2010 that in just 4 months since its launch the Kindle 3 had already become “the bestselling product in Amazon’s history, eclipsing Harry Potter and the Deathly Hallows (Book 7).” That statement referred both to hardcover and paperback copies of the Potter book, for which I would estimate Amazon’s total cumulative worldwide print sales to be about 7.1 million copies.

Lastly experts in the industry say that readers downloaded 15 million Kindle books, 10 million of them paid, in the last week of 2010 and we have just started hearing about this. This Kindle is a revolution folks let’s be clear about that.

Short URL: http://www.worldnewsinsight.com/?p=4294