Saturday, October 16, 2010

The surge in e-books

E-book sales for January to August are up from $89.8 million for 2009 to $263 million in 2010. This 193% increase in sales means that electronic books now account for almost 10% of consumer book sales in the U.S., up from just 3.31% in 2009.

Amazon already sells more Kindle books than hardcover texts, and in the overall market, sales of hardcover books were down 24.% in August when compared to last year (the AAP does not release monthly numbers for paperbacks). 

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