News
 

Bookmark and Share

(0) 

Sales of electronic books in January, 2011, doubled from the same month last year, according to a report released by the Association of American Publishers. Unfortunately, sales of books overall in the U.S. dropped almost 2% from the same period in 2010.

Figures for the first month of the new year show that e-book net sales increased by 115.8% compared to January 2010 (from $32.4 million to $69.9 million). Total books sales on all platforms, in all categories, hit $805.7 million for January, which was a slight drop from January 2010’s $821.5 million sales (-1.9%). Adult hardcover category fell from $55.4 million to $49.1 million (-11.3%), adult paperback dropped from $104.2 million to $83.6 (-19.7%) and adult mass market declined from $56.4M to $39.0 (-30.9%). Sales of downloadable audio books also rose by 8.8% compared to the previous year ($6.0 million to $6.5 million).

As AAP reported recently, e-book sales have increased annually and significantly in all nine years of tracking the category.

The increase of sales of e-books, which are more affordable than typical books, may point to the fact that those, who actually read a lot of books have initiated transition to electronic books. As a result, the overall book market started to decline. It remains to be seen whether the U.S. and eventually the world will switch to digital books widely and physical books share the fate of CDs and DVDs in the coming years.

The Association of American Publishers is the national trade association of the U.S. book publishing industry. Its 300 members include most of the major commercial, education and professional publishers as well as smaller and non-profit publishers, university presses and scholarly societies.

Tags: E-Book

Discussion

Comments currently: 0

Add your Comment

[Login] [Forgot password?] [Registration]




Related news

Latest News

Friday, May 25, 2012

1:09 pm | Toshiba Pulls the Plug on Netbooks in the U.S. Toshiba Abandons Netbook Product Line

Thursday, May 24, 2012

11:25 pm | Nvidia's Affordable 4G/LTE Modem Certified by AT&T. Nvidia's Icera 410 4G/LTE Modem May Power Affordable Devices

10:00 pm | Microsoft Clarifies Its Exec's Claims: 500 Million Windows 8 Copies in 2013 Are "Potential" Upgrades. Microsoft Retracts Statement Regarding 500 Million Windows 8 Licenses to Be Sold in 2013

8:35 pm | ECS Reveals "NonStop" Mainboard Family with Extended Stability and Reliability. ECS Boosts Stability and Reliability with Premium Components and Rigorous Testing on NonStop Platforms

6:28 pm | AMD Rumoured to Start Production of Next-Gen FX-Chips in Q3. AMD to Start Making FX "Vishera" Chips Next Quarter

11:32 am | UMC Begins to Build Fab to Make 28nm, 20nm and 14nm Chips. UMC Spends $8 Billion on Expansion, Confirms Development of 14nm FinFET Process Technology