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The Amazon report doesn't mean all that much. Hardcover sales aren't a big part of their business, anyway. Such is the case with most booksellers, but it's particularly the case with Amazon, which has always been heavily paperback, almost to the point of exclusivity. Online retailers like Amazon and Indigo are terrible outlets for hardcover.
Of course, Amazon's figures are unit sales. If they put dollar amounts to their ebook and hardcover sales, the story would be radically different.
I fully expect ebooks at Amazon to outsell hardcovers ... particularly when new devices emerge that can handle Kindle books (iPad and the lower-priced Kindle reader).
So it's really a "well, duh" story ... and the only surprise is it didn't happen sooner.
Actually, given the unit numbers they provided, it seems they're selling fewer ebooks than I'd thought.
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