Welcome to The CITE -- a blog on Course materials, Innovation, and Technology in Education, created by Mark Nelson and now part of the Publications Department of the National Association of College Stores. CITE is a pun with multiple meanings - referring to cite as in citation, something people reference; site as in location, website, or place people go to; and sight as in foresight or looking ahead to what is coming. Comments, discussion, feedback and ideas are welcome.

Friday, April 9, 2010

Quote of day -- and Feb 2010 E-book sales stats

A great quote for today from the recent BISG advertisement for their "Making Information Pay 2010" conference in May:
One things for sure: digital change in publishing is inexorable--and the direction is one way. We will not suddenly find the number of bookstores growing or the e-book market shrinking. Explore what happens as digital share grows and printed share shrinks...

In the context of that quote, E-book sales statistics for February 2010 were released by the Association of American Publishers (AAP) via IDPF. Trade e-book sales were $28.9 million for February 2010, a 339.3% increase over February 2009. Interestingly, the combined sales for January and February 2010 total more than the sales for Q4 2009 which was the previous highest quarter. IDPF reports calendar year to date revenue is up 292.2%.

Note: These figures represent the 12 to 15 trade book publishers who have been willing to supply their data to IDPF. The numbers are generally believed to underestimate the overall growth and size of the trade e-book market.

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