Bezos predicts Kindle book sales will surpass paperbacks within a year

USAToday sat down with Amazon CEO Jeff Bezos to talk to him about the Kindle and the accompanying bookstore. Bezos is suprisingly candid about several issues. Some highlights:

On the recent news that Kindle books are outselling hardcovers on Amazon:

“I predict we will surpass paperback sales sometime in the next nine to 12 months. Sometime after that, we’ll surpass the combination of paperback and hardcover. It stuns me. People forget that Kindle is only 33 months old.”

On why there’s no support for ePub:

“We are innovating so rapidly that having our own standard allows us to incorporate new things at a very rapid rate. […] Other standards over time may incorporate some of these things. But we’re moving very quickly to improve the state of the art. It’s very helpful not to have to wait for some third-party standard to catch up.”

On competition, particularly the iPad:

“There are going to be a lot of tablet computers — the Android ones are coming. Kindle works on BlackBerry, Android, iPad, iPhone, iPod Touch, PC and Mac. Our approach is: Buy once, read everywhere. We want you to be able to read your Kindle book on any device, then we want separately to make the very best uncompromised e-reader.”

Read the full interview at USAToday.

(Photo: etech)

This entry was posted in business, interviews, news and tagged , , , , , , , . Bookmark the permalink.

Leave a reply

eight − 4 =