Saturday, April 16, 2011

Ebook sales pass another milestone

The guardian reporting 14.4.2011

    Electronic books have become the largest single format in the US for the first time, new data reveals. Ebooks have become the single bestselling category in American publishing for the first time, according to new data released yesterday. The latest report from the Association of American Publishers, compiling sales data from US publishing houses, shows that total ebook sales in February were $90.3m (£55.2m). This makes digital books the largest single format in the US for the first time ever, the AAP said, overtaking paperbacks at $81.2m. In January, ebooks were the second-largest category, behind paperbacks. America's ebooks enjoyed a 202.3% growth in sales in February compared with the same month the previous year, the book trade association revealed. Print books fared much worse by contrast, with the combined category of adult hardback and paperback books falling 34.4% to $156.8m in February. The children and young adult category of print books fell 16.1% to $58.5m. http://www.guardian.co.uk/books/2011/apr/15/ebook-sales-milestone

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