Friday, July 11, 2008

Amazon Kindles Sales as Readers Demand Novels Online
By Gillian Wee writing on Bloomberg.com

July 10 (Bloomberg) -- Donald Graham, chief executive officer of Washington Post Co., travels almost every week and says he hardly ever leaves home without his Kindle digital book reader from Amazon.com Inc.
``I have found it to be a very easy way to read,'' said Graham, 63, who recently read Steve Coll's ``The Bin Ladens'' on the black, white and gray screen and uses the device to access Kindle editions of the company's Newsweek and Slate publications. ``I read a lot of books on flights and on downtime. I've got a bad shoulder and it can add a lot of weight to your suitcase.''

By 2010, Amazon may get 3 percent, or $741 million, of revenue from
sales of the paperback-sized reader and digital books

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