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E-book sales triple year-over-year, paper books decline in every category

April 18th, 2011        

E-book sales triple year-over-year, paper books decline in every category

Do people still seek authentic real books in bookstores? Yes, they do. However, the number is declining rapidly. This is due to the increment of the popularity of e-readers, no thanks to Amazon.

US sales of e-books generated about $90.3 million in revenue in February — roughly triple the sales reported in the same month last year. Also, they were the dominant format for trade titles, a category that includes adult and children’s works. Meanwhile, printed books declined 34 percent and 16 percent in those respective areas, with gentler, single-digit drops for education and religious titles.

This reflects a similar claim by Amazon that e-books outsell printed versions two to one. Will we see a decline of books in the bookstore soon?

SOURCE via Association of American Publishers

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