eBook Sales to Grow

April 15, 2010

In a report from Goldman Sachs, analysts predicted growth in book sales. “U.S. Book Sales to Increase on E-Books, Goldman Says” included this statement: “Apple’s share of the e-book market will surge to 33 percent in 2015 from 10 percent this year.” Amazon, it seems, will see its share of e-book sales decline to 28 percent from 50 percent. Will e-books remain books, or will e-books morph into interactive media? Will authors of books be able to create products that will appeal to users of new devices like the Apple iPad? If publishers have to invest in software development, will increased costs of production put further pressure on author royalties?

Stephen E Arnold, April 15, 2010

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