But that’s not all CEO Jeff Bezos had to say — the Amazon boss spoke on the success of Kindle as a service, noting that four years ago “Amazon had 90,000 books. Today we’re over a million, and that doesn’t include the copyright-free texts.”
Bezos mentioned that the only way the Kindle could succeed was to create demand not only for the device, but for the content, also known as e-books. Despite the huge growth of physical book sales in the past 15 years, Kindle sales still outpace them.
As you may or may not know, the Kindle has been the best-selling e-reader on the market for the past four years, but Amazon clearly isn’t resting. Bezos also introduced three new Kindle models, all under the $149 price-point.
Amazon.com Inc. (AMZN) is a leading global Internet company and one of the
most trafficked Internet retail destinations worldwide. Amazon is one of the first companies to sell products deep into the long tail by housing them all in numerous warehouses and distributing products from many partner companies. Amazon directly sells, or acts as a platform for the sale of a broad range of products. These include
books, music, videos, consumer electronics, clothing and household products.
The majority of Amazon’s...