A tale of two cities

On the heels of Amazon announcing yet another record period on Friday, with the company’s first $10 billion quarter, sales up 36%, and offering a characteristically tricky little metric for Kindle books surpassing paperbacks as the bestselling individual item on Amazon (there is no mention of how hardcovers or other analog book formats fit in here), there was more bad news from Borders on Sunday as they announced that they won’t be paying their January bills or rent and analysts are speculating that the company could file for bankruptcy as early as next week.

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Filed under amazon, Announcement, apocalypse porn, Book Publishing, charts data stats Oh My!, News, The Internet

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