Amazon Will Sell More E-Books Than Paperbacks by the End of 2011

Amazon predicts that it will sell more e-books than paperbacks by the end of next year, and that they will eclipse both paperback and hardcover sales combined shortly thereafter. “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,” Amazon CEO Jeff Bezos told USA Today… [So] paperbacks and hardcovers may soon become a minority in the world of books. (Mashable.com)

Is Bezos bluffing in order to help drive the market? Or is he spot on? One day soon we’ll know, and in the mean time we’ll keep worrying, celebrating, laughing, panicking, arguing…

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