Quote:
Originally Posted by Quexos
Funny cause I just heard a couple days ago on the radio how ebooks just sold slightly more than print books in North America on the first trimester 2012 but now according to PWHC this wouldn't happen until sometime around 2016
I think figures and projections should be taken with a lot of caution no matter what the source of the data is.
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The news a couple days ago was that the Association of American Publishers (AAP) reported that ebooks had accounted for $282.3 million in sales for the 1st quarter of 2012 which for the first time was more then hardcover sales of $229.6 million. Paperback sales were still higher at $299.8 million. It will take a while until ebooks account for 50% of all revenue as PwC is projecting.