According to an article by the Associated Press, e-book sales have gained even more popularity since the beginning of last year: "The Association of American Publishers reported Thursday that -sales more than doubled from $32.4 million in January 2010 to $69.9 million in January 2011." While this is heartening for the book industry as a whole (even though it wasn't enough to jump overall book sales - but then again, the market is so terrible that not much would've changed anyway. Bud I digress...) it was also reported that hardcover sales have fallen slightly.
The book world is in a precarious situation. Left and right, publishing houses are closing and book stores - even the giants like Barnes & Noble and Borders - are seriously struggling. Before, I might have been irritated at the idea that e-books are gaining so much success, as I prefer to actually hold paper books. But now, maybe it's a good thing. Maybe this is the boost that the book world needs: easier access, cheaper product, and the ability to explore new titles. But I, for one, hope that e-books continue to gain success without pushing out bookstores. I guess we'll have to see.
For the link to the AP article, click here.