Amazon.com Announces That E-Book Sales Passes Paper Books On Christmas Day

During the holiday season Amazon.com, Inc. (NASDAQ:AMZN) announced that sales of e-books has slid past the sales of paper books. Amazon.com founder Jeff Bezos also mentioned that the Kindle was the most gifted product in the company’s history.

“We are grateful to our customers for making Kindle the most gifted item ever in our history,” stated Bezos. “On behalf of Amazon.com employees around the world, we wish everyone happy holidays and happy reading!”

Amazon.com said that the sale of the Kindle device has surpassed the 8GB iPod Touch and the Nuvi 260W GPS device. The high sales of the Kindle was probably one of the reasons for the spike in e-book sales.

Amazon also announced that December 14 was the busiest day of the season. Amazon processed sales of about 9.5 million items on that day.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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