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Old 08-12-2010, 04:02 AM   #1
eric11210
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Ebooks now 8.5% of sales, expected to climb to 40% in 3-5 years

This from the New York Times. To me the important statement was from Simon and Shuster rep who said they thought sales of ebooks could climb to 40% of sales within 3-5 years. When that happens, say goodbye to traditional bookstores:

http://www.nytimes.com/2010/08/12/bu...store.html?hpw

My prediction (for whatever it's worth): the bookstores will show off a handful of the very best sellers in print form and offer to sell ebooks for the rest of the titles. I also think they may start installing machines that can build a book instantly using PoD technology so that people who prefer real paper will be able to buy a book in print on the spot.

Edit: Sorry, 8%, not 8.5%.

Eric
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