E-book Sales Rise Nearly 130% in November

E-book sales in November rose 129.7%, to $46.6 million, from the 14 publishers who report results to the Association of American Publishers’ monthly sales report. The gain was below the year-to-date average which has e-book sales ahead 165.6% through November, but was better than the 112.4% increase reported in October when e-book sales were $40.7 million. The $165.6% increase in the first 11 months of 2010 put e-book sales from the 14 companies at $391.9 million. With one month to go in 2010, it looks like e-books and downloadable audio will be the only trade segments to posts gains in the year with sales down in all the print segments at the publishers that report to the AAP; the mass market segment has the largest decline at 14.0%.