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Posted Friday, August 19, 2011

E-Book Sales, Devices Soar

"The "e" in e-books isn't just for "electronic" -- it's also for "electric," as in expected sales of both e-book readers and digital books themselves. Demand for the displays used to make e-book readers is soaring; an E Ink spokesman said this week at the Emerging Display Technologies conference in San Jose that orders for black-and-white displays used in the readers are tripling every year and are expected to reach 25 million to 30 million units this year.

Meanwhile, last year, 114 million e-books were sold-- a 1,039 percent increase since 2008, according to the Association of American Publishers and the Book Industry Study Group said in a recently released survey. In contrast, 603 million "trade hardcover" books -- both fiction and non-fiction -- were sold last year, a 5.8 percent increase since 2008...."

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