e-Books on the Rise

Many thanks to Smashwords for the analysis of the uprise in e-book sales, as noted in this snippet:

...wholesale ebook sales for January 2009, as reported by the American Association of Publishers, jumped 173 percent over the same period one year ago to $8.8 million. If you annualize that over 12 months, as I did at left, it means wholesale ebook sales are on track to surpass $100 million in 2009."

If you further assume ... that retail sales are about twice wholesale sales (because the retailer marks up the price paid to the publisher), retail sales could reach $300 million for 2009."

Great news for e-book writers and publishers.

Read the whole article here: Have e-Books Already Gone Mainstream?