eBook sales are way up

by on June 2, 2008 at 8:45 am in Books | Permalink

Penguin has reported that e-book sales from the first four months of
2008 have surpassed the house’s total e-book sales for all of last
year. According to the publisher, the spike is "more than five times
the overall growth in sales, year-on-year, through April 2008." Penguin
Group CEO David Shanks said he attributed the jump, in large part, to
the growing popularity of e-book readers. 

Here is the link and right here you can buy Discover Your Inner Economist in Kindle form (it’s also available as a Sony eBook) and paperback as well, here is the Amazon link.

Addendum: Here is more on the economics of Kindle.

Bruce Humbert June 2, 2008 at 9:16 am

OK Tyler – you are getting a bit too mainstream media here – I am calling an abuse of statistics foul…

If I sold 10 of something in 2007 it is not too hard to sell 20 of the product in the first 4 months of 2008…

Percent increases with no information on base size are almost useless – and the same applies to growth rate calculations…

Bruce

Edgewood June 2, 2008 at 12:46 pm

Of course Amazon should demand publishers cut prices: a product that has no physical production costs, effectively zero shipping costs, and no wastage ought to cost less than a product that does. The last is the most important: publishers can reasonably argue that they have to price physical books to cover the costs of the duds. But ebooks eliminate the physical cost of the duds.

razib June 2, 2008 at 1:55 pm

i’ve definitely noticed a non-trivial amount of kindle e-book purchases on my amazon associates account.

Andrew June 2, 2008 at 4:34 pm

The kindle doesn’t look all that much better than predecessors. What kicked the concept over the tipping point?

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Michael Blowhard June 3, 2008 at 1:17 pm

Well, ebook sales figures have been unbelievably low, so an increase of 2X or even 10X wouldn’t really indicate much.

Me, I find ebooks cool and e-distribution even cooler, but I’m betting that the whole ebook-reader-and-ebooks thing will never take off much.

Mainly for this reason: Electronics don’t promote text-reading, electronics promote multimedia. By the time something like the Kindle is really perfected, only oldies will still want to stare at page after page of nothing-but-text. Everyone else will expect motion, color, video, clickable links, with short text boxes doing little but explanatory duty.

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MisterBorneo February 22, 2011 at 7:46 am

It seems that e-books and Kindle 2.0 will work just fine… Sometimes technology can probe to be useful. I just imagine a e-book reading device that works based on infrared emitters and which can be interconnected with a wide screen TV… It’s going to happen and soon enough.

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