Quote:
Originally Posted by OtterBooks
Hachette, Little and Brown's parent company (publisher of Fifth Witness), apparently saw a 138% increase in ebook revenue in 2010. However, they still had a decline in overall revenue from 2009. Maybe ebooks are the one of the few things they're doing right.
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Or maybe it's because the number of people who have an ereader has what, tripled? Quadrupled? over the last year or two.
Then, add to that the reports that people buy 3-4 times as many books after they get an ereader than they bought before.
So ebook sales should be expected to grow by leaps and bounds.
We can't draw any conclusions about the wisdom of whatever prices, without knowing the prices of the books they have made howevermuch money on, to howevermany people, when.
IOW, correlation =/= causation.