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US: 'E-book revenue outstrips hardbacks in first quarter'

Further evidence of the rise of digital and the decline of print comes from the US where, according to a report from the Association of American Publishers (AAP), revenue from e-books outstripped hardbacks for the first quarter of 2012.

E-book sales from 1,189 participating publishers totalled $282.3m in Q1, up 28.4% from the previous year, according to the report, quoted in the US media.

This compares to revenue from hardbacks in Q1 of $229.6m, a rise of only 2.7%. The AAP also said that sales of young adult and children’s e-books increased by 233% year on year for the period, to $64.3m.

Paperback sales still outstripped ebook sales, with revenue of $299.8m in Q1, but the trend is downward. In the equivalent period in 2011, paperback sales were $335m. Meanwhile, audio book revenue increased from $18.8m to $25m, a rise of 32.7%.

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These figures are based on net revenue by Publishers on first quarter 2012.

If we take into account retailer margin on printed books (mostly around 50%) and ebook (30% for the biggest Publishers at least) it turns out that:
hardcover sales at retail price are: $459,2m
ebook sales at retail price are: $403,3m.

So ebooks have probably NOT beaten the hardcover yet on the consumer side. The difference seems to be, for the moment being, on the net revenues achieved by Publishers (because of lower discounts) on ebooks.

Please also notice the ebook contains also tens or hundreds of thousand titles that are in trade o massmarket paperback. So the comparison with only adult hardcover (not including paperback) is somehow misleading.

The real news perhaps is the ebooks might in fact have SLOWED DOWN (?) Only 28% up from same quarter of a year before... In the previous years we were used to see triple digits yearly growth...

These figures are based on net revenue by Publishers on first quarter 2012.

If we take into account retailer margin on printed books (mostly around 50%) and ebook (30% for the biggest Publishers at least) it turns out that:
hardcover sales at retail price are: $459,2m
ebook sales at retail price are: $403,3m.

So ebooks have probably NOT beaten the hardcover yet on the consumer side. The difference seems to be, for the moment being, on the net revenues achieved by Publishers (because of lower discounts) on ebooks.

Please also notice the ebook contains also tens or hundreds of thousand titles that are in trade o massmarket paperback. So the comparison with only adult hardcover (not including paperback) is somehow misleading.

The real news perhaps is the ebooks might in fact have SLOWED DOWN (?) Only 28% up from same quarter of a year before... In the previous years we were used to see triple digits yearly growth...