Amazon is not the only company whom are selling more ebooks then hardcover books. While publishing giants Penguin recently confirmed that ebooks only account for %1 of their total market profit. Recently HarperCollins announced that this quarter then sold more ebooks then hardcovers.
e-books versus 4,000 hardcover versions.
In a recent interview with the Wall Street Journal, HarperCollins senior vice president Frank Albanese said “What we’re seeing now is that if a book gets a good review, it gets a faster lift on the digital side than it does on the physical side because people who have e-readers can buy and read it immediately.”