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Old 01-09-2008, 05:59 PM   #1
eBookNerd
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Join Date: Dec 2007
Device: ebookwise 1150, Kindle, Sony PRS 505
Publishers Weekly Article: Trends to Watch in 2008

Quote:
The popularity of e-books will increase, with titles formatted for Amazon's Kindle leading the way. Content for the Sony Reader will sell faster than ever, but by this time next year, Kindle-compatible books will be outselling them by more than 2 to 1. And Palm, which has historically been the bestselling format, will have had its best year-on-year increase as well. By year end, nearly every straight-text title published with commercial intent will be available for Kindle; the trick for the other formats will be to make sure they're included, too. And Kindle pricing will drive the market. But despite the fast growth, e-books will still make up a tiny share of the market--no more than 2% of sales for most titles--and will contribute only a minimal amount to publishers' bottom lines.
http://www.publishersweekly.com/arti....html?nid=3335

Do you think he's correct in predicting that even though Kindle will energize the ebook market.... but -"despite the fast growth, e-books will still make up a tiny share of the market--no more than 2% of sales for most titles--and will contribute only a minimal amount to publishers' bottom lines."

Frankly, I was hoping to see ebooks take off and represent a much larger share of the publishing market!
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