Thread: NYT: Random House Sees E-book Sales Jumping
View Single Post
Old 08-01-2010, 11:20 AM   #2
wallcraft
reader
wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.wallcraft ought to be getting tired of karma fortunes by now.
 
wallcraft's Avatar
 
Posts: 6,977
Karma: 5183568
Join Date: Mar 2006
Location: Mississippi, USA
Device: Kindle 3, Kobo Glo HD
Quote:
Originally Posted by SensualPoet View Post
Dohle noted he expects e-books to overtake paper in five years, not one year (although Amazon's view was for Amazon sales mix, not the industry).
Also, Amazon was talking about books sold, not revenue generated. Even so, I would be surprised if it took 5 years for ebook revenue to exceed paper book revenue. For this to be the case ebook penetration would have to hit a wall. In much less than five years from now dedicated ebook readers will be less than $50, and at that point a sizable majority of the reading public would have to really like hardback books over ebooks for hardback sales to be strong. It is more often predicted that ebooks replace paperbacks, but I think it is hardbacks that come under pressure first.
wallcraft is offline   Reply With Quote