Amazon's e-book sales beat paperbacks; profit up 8% - USATODAY.com - 0 views
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and it's on top of continued growth in paperback sales." Since the beginning of the year, Amazon says that for every 100 paperbacks it has sold, 115 Kindle books have been sold. Kindle book sales are triple that of hardcovers.
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Net income rose 8% to $416 million, or 91 cents per share, topping the estimate of 88 cents per share of analysts polled by FactSet. That compares with $384 million, or 85 cents per share, in the year-ago period. Revenue rose 36% to $12.95 billion. Analysts had expected $13.02 billion.