On my Kobo, I currently have three books. I've been reading library books lately, and I remove them when I'm done. I've got 24 non-library books in ADE, though.
I do read multiple books at once. Right now, I'm in the middle of four (one on my Kobo, another e-book on my computer, and two paperbacks). I'm amazed I'm able to keep all the stories straight!
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