July 19, 2010 marked the day that Amazon’s digital book sales eclipsed the sales of hardcover books, and it barely took half a year for those e-book sales to also overtake the sales of paperbacks. According to the ouftit’s latest earnings release, “Kindle books have now overtaken paperback books as the most popular format on Amazon.com.” The company had surmised that this would happen by Q2 of this year, but it clearly went down a lot earlier than even it expected.
Amazon Kindle achieves most popular product ever