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Kindle Sales Growing Faster Than The Nook’s
Barnes & Noble may be challenging Amazon’s dominance of the e-book world, but Kindle sales are still growing faster than the Nook’s — at least if you connect the dots between some of the numbers included in a recently-published article by The New York Times.
The article doesn’t hide the fact that Amazon has the vast majority of marketshare, with Barnes & Noble saying it has 27 percent of the market, compared to Amazon’s share of “at least 60 percent.” At the same time, the article writes that “to the delight of publishers” (who see Amazon as a competitor), Barnes & Noble has “grabbed a lot of market share from Amazon.” In response, Amazon told The Times that Kindle sales (a number that includes both the Kindle Fire tablet and Kindle e-readers) grew 177 percent during the nine-week holiday period, compared to the same period in 2010.
How does that stack up against the Nook? The article doesn’t say, but earlier this month, Barnes & Noble actually reported its own holiday growth numbers. During the same period of time, the company’s device sales grew 70 percent — not bad, perhaps, but a sign that Amazon still has greater momentum.
The Times also reports that Barnes & Noble engineers are “putting the finishing touches” on the next version of the company’s e-reader, due for release sometime in the spring.
The holiday season appears to have treated Barnes & Noble well, thanks in part to a strong demand for the company’s eReader the NOOK. The company just issued a release stating that it sold its entire inventory of NOOKcolor and E-Ink devices over the holiday season.
In November, Mobile ad network Millennial Media reported that Amazon’s new tablet devices Kindle Fire, was seeing ad impressions grow at an average daily rate of 19% since its launch to the public in the middle of the month. Millennial says it’s not just seeing millions of impressions and the device is on a monthly run rate of hundreds of millions of impressions.
Amazon this morning pounded itself on the chest once more for selling Kinde devices as if they were hotcakes, particularly during last (Black) Friday. According to the company, it was the “best Black Friday ever” for the Kindle family, with Kindle sales “increasing 4x over last year”. As usual, don’t expect Amazon to share hard sales numbers, because they never do.
Amazon CFO Tom Szkutak offered more details this afternoon during an analyst earnings call about the company’s disappointing fourth quarter