Monday, November 29, 2010
David Carnoy asks, "Does the Kindle pay for itself?"
Link to November 29 CNET News post.
Excerpt: Put succinctly, it's that old the-more-you-spend-the-more-you-save line of reasoning, and this reader, who estimates that she buys about 20 hardcovers a year, says she expects to pocket about $100 the first year after moving to an e-reader. At 18 months, she'll break even on her Kindle Wi-Fi and gets the added bonus of downloading all those free classics that are readily available in the Kindle Store.
Of course, the big counter-argument comes from all those folks who buy used instead of new--or get hand-me-downs from friends and family--and often spend very little on their paper books. Also, I've seen many a CNET message board post proclaiming the virtues of the local library, where you can, after all, check books out for free. The disciples of this philosophy bring a freegan approach to reading, and more power to them. [Emphasis added.]
Perhaps the more telling statistic is one offered up by Amazon. It says that its customers buy 3.3 times as many books after buying a Kindle. Yes, there may be some savings mixed in there somewhere, but I tend to be a believer that the more you buy the more you spend. That's not a bad thing, especially when it comes to books, but unless you're super disciplined, your Kindle won't be paying for itself. Not in my book anyway.
Need to repair that ebook reader? (11/19/2010)
Who uses an ereader: Survey says.... (9/22/2010)
Book industry wrestles with print vs. pixels. (9/2/2010)
Coming soon to a screen near you: Ads in ebooks. (8/20/2010)
Ebooks now comprise 8/5% of book sales. (8/12/2010)
Genre paperback publishers drops print. (8/6/2010)
Ebooks and libraries. (5/4/2010)
Ebooks eliminate a free form of adversiting: the book jacket. (3/31/2010)
Ebooks: another round of false promises? (3/19/2010)
The skinny on ebooks. (3/8/2010)
Hardcover vs. ebook: Breaking down the costs. (3/1/2010)