E-book sales are starting to fizzle out

E-books are more akin to audio books — a compliment to print, not a replacement.

An Association of American Publishers report says sales of e-books rose just 5 percent in the year ending in the first quarter of 2013, a big drop from the year earlier when sales grew 28 percent, and an enormous drop from two years ago, when sales jumped a crazy 252 percent.

 

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The downfall of Microsoft

Steve Ballmer

Microsoft C.E.O. Steve Ballmer

Two-time George Polk Award winner Kurt Eichenwald analyzes one of American corporate history’s greatest mysteries—the lost decade of Microsoft— traces the “astonishingly foolish management decisions” at the company that “could serve as a business-school case study on the pitfalls of success.” Relying on dozens of interviews and internal corporate records—including e-mails between executives at the company’s highest ranks—Eichenwald offers an unprecedented view of life inside Microsoft during the reign of its , in the August issue. Today, a single Apple product—the iPhone—generates more revenue than all of Microsoft’s wares combined.

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What your e-reader knows about you

ebook

Is your e-book reading you?

On the Kobo e-reader the average reader will take just seven hours to read the last book in Suzanne Collins’s “Hunger Games” trilogy, that’s about 57 pages an hour.  Nearly 18,000 Kindle readers have highlighted the same line from the second book in the series: “Because sometimes things happen to people and they’re not equipped to deal with them.” And on Barnes & Noble’s Nook, the first thing that most readers do upon finishing the first “Hunger Games” book is to download the next one.

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Amazon Launches Kindle Library Lending

kindle

Kindle Library Lending

Amazon announced Kindle Library Lending, a program that will let Kindle users borrow books from more than 11,000 libraries in the United States. The program follows Amazon’s person-to-person Kindle Book Lending feature that debuted at the end of 2010 and addresses long-running concerns that e-readers like the Kindle would bypass libraries entirely.

 

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Barnes & Noble’s Nook Color Takes on Amazon’s Kindle

nook-vs-kindle

Which e-reader will come out on top?

In December 2009, brick-and-mortar book-selling powerhouse Barnes & Noble got into the e-reader game, two years after Amazon.com’s Kindle jump-started the category. Its Nook had some distinguishing characteristics: you navigated the interface using a tiny color touchscreen that sat under its black-and-white E Ink display, for instance, and could loan out e-books to Nook-owning pals. Mostly, though, the gizmo felt like a twist on the Kindle formula, not a departure from it — and while it may have been fancier, it was also pokier and glitchier.

 

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More Bibliophiles Turning to Digital Readers

ereader

E-book sales are up 193% over a year ago.

Jamie Groves has doubled his reading — up to more than 40 books a year — since he began downloading e-books on his Kindle.Sandra Hines calls her Nook her “best Mother’s Day present ever,” after initially worrying, “It wouldn’t feel like I was reading a real book.”

 

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McGraw-Hill Preparing for an e-Book Boom in China

beijing book fair

Book fair in Beijing, China.

Several years from now, none of China’s millions of students may have to carry bags loaded with heavy books.  Indeed, they may not need to visit libraries or museums, darken the doors of a school, or even be required to talk with teachers or fellow students.

 

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Kindle Books Outselling Hardcover Books

amazon-kindle-reader-books

Kindle books outsell hardcover books according to Amazon.

Amazon.com said Monday that growth in sales of its Kindle digital reader accelerated every month in the second quarter and that it’s selling more electronic books than hardcover editions. The pace of Kindle sales also has tripled since the Internet retail giant cut the price on the device to $189 from $259, Amazon chief executive Jeff Bezos said in a statement.

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