Ebook sales up 193%

AUTHOR:  
Published:  October 21, 2010
Ebook sales up 193%

As the ebook category continues to increase in its importance in the publishing industry, sales of both paperback and hardcover books continue to decline.

Currently ebook sales now make up 9% of all trade sales in the U.S. Year-to-date ebook sales are up a staggering 192.9% according to numbers gathered from 14 publishers by the Association of American Publishers (AAP), the national trade association of the U.S. book publishing industry.

During the period January – August 2010 ebook sales have continued to grow steadily representing sales of $263 million. This is astounding when compared to sales of $89.8 million during the same period in 2009.

It seems a possibility that paperback and hardcover books will soon become a minority in the book world With the increase in ebook sales, retailers are motivated to expand ereading apps. In fact Kindle books have now eclipsed hardcover book sales.

Amazon predicts it will sell more ebooks than paperbacks by the end of next year. In addition Amazon foresses that ebooks will eclipse both paperback and hardcover sales combined.

2 Responses

  1. Which ebook reader would you buy?

    Would you wait for the new kindle which is supposed to be everything that the ipad isn’t (does that mean that it will support flash! LOL?!)

  2. I really want to get an eReader, but I can’t really justify the cost yet, especially considering that I can get the Kindle iPhone app or various eReader apps for my Android for free.

    I am amazed that classics can still be priced at $24.99 in a bookstore, and yet their copyrights have expired, and they are available for free from several eBook stores.

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