This past summer Amazon made a shocking announcement: for the first time (and ever since), it sold more electronic books than hardcover ones.Now, that headline should have had half a page of footnotes. Amazon provided only the relative proportions of sales, not the actual quantities. It didn’t mention that its e-books of most best sellers cost a flat $10, compared with, for example, $25 for the same book in hardback. And it didn’t say anything at all about paperback sales (which sell the most of all). [More]
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