Tuesday, December 22, 2009
The Tipping Point for Ebooks?
Link to December 21 Christian Science Monitor article, "The e-book, the e-reader, and the future of reading".
Excerpt: E-book sales remain a minuscule part of the publishing industry – just 1.4 percent of the total $10.9 billion sales in the first nine months of this year, according to the Association of American Publishers. But, not unlike the way digital music overtook traditional CDs overnight, e-books will probably dominate publishing industry sales within 10 years, estimates Mr. Haber, who helped develop the Sony Reader. “It’s been building up for a year or so, but going into the  holiday season it’s suddenly mass exposure, multiple players in the market, multiple players rumored to be coming into the market. And that’s what drives innovation. Every year from now on is going to be a leap ahead.”
Multiples that lead to confusion in a lot of quarters.