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Amazon: “This is Going to be the Biggest Holiday for Kindle Yet—by Far”

Source: Amazon.com

Amazon just issued a news release reading, "Amazon.com Customers Now Buying More Bestsellers on Kindle Than Paperbacks and Hardcovers Combined—At a Rate of 2 to 1."

More from the release:

"It's still October and we've already sold more Kindle devices since launch than we did during the entire fourth quarter of last year—astonishing because the fourth quarter is the busiest time of year on Amazon," said Steve Kessel, Senior Vice President, Amazon Kindle. "Readers continue to choose Kindle for its all-new electronic ink screen with 50 percent higher contrast, readability in bright sunlight, long battery life of up to one month, light 8.5 ounce form, flexibility to read their books across all major LCD devices and platforms, and low $139 price. It's clear that this is going to be the biggest holiday for Kindle yet—by far."

To read the full release - click here.

Email me at bullishonbooks@cnbc.comAnd follow me on Twitter @BullishonBooks

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