Retail eBook sales continued their strong growth into the third quarter of 2003 according to data released today by the Open eBook Forum (OeBF), the eBook industry trade and standards organization (www.openebook.org). Cumulative units sold for the first three quarters of 2003 (Jan – Sept) have surpassed the one million mark for the first time in a single year and are up 64% over Q3 2002. Revenues reported by retailers for the third quarter of 2003 were up a solid 37% over the same period in 2002. These and other figures charting the eBook industry are reported in the quarterly OeBF eBook Publishing and Retail Statistics Report.
“These figures are particularly significant in light of the departure of eBook sales by Gemstar and Barnesandnoble.com,” said Nick Bogaty, Executive Director of the OeBF. “Double digit growth shows the strength of this industry and eBooks represent one of the fastest growing segments in all of publishing,” he added.
My spin: I thought ebooks were a dying breed? It also depends on what one means by ebook? Digital books on reads on a PDA or books put together as PDF’s or otherwise and distributed online?
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