Not only that, but it was on the heels of an aggressive marketing campaign for what was a nifty new product.
Er, you think it's a fluke, then? A fad that will fade away in good time? I can't prove you wrong, but if that's your opinion, you're definitely in the minority. Even B&N says that ebooks are the key to its future. If you look at the recent past, the sale of physical cds was a HUGE business. Nowadays, digital downloads account for over 35% of all music sales, and that number continues to grow. Sales of physical cds fall every year, while online retailers continue to grow. Physical stores are drastically downsizing their music departments.
This is what will happen to book sales. In the case of books, though, most places that sell them rely on them as their main source of income. Borders is not Best Buy; they can't work extra hard at ripping people off on HDMI cables to make up the difference. It's probable that their physical presence will drastically change in the near future, and possible that they (and other bookstores) will disappear entirely if they can't figure out how to make money without relying on physical books.
So it's not evidence for the decline of physical books at all, not in and of itself.
Yes, it is. Amazon is the largest book retailer in the world, and, in roughly three years, ebook sales have topped its charts. No matter how you look at it, a large percentage of the money spent on those ebooks would have been spent on physical books had ebooks not been around. It's direct market cannibalization. When sales of ebooks increase, sales of physical books decrease. This is evidence of physical book sale decline. Proof, really. Obviously the numbers of one retailer don't represent the entire industry, and so I agree that this (in and of itself) is not evidence of the complete death/demise of physical books, but of decline? Of course it is.
When regular bookstores start selling more e-books than physical books it will be a good indication that physical books are no longer part of the mainstream. And that won't happen for many, many years, if at all.
I don't think this will take as long as you think. According to a publishersmarketplace.com report that I saw (I have no idea how reputable that place is, so feel free to call me out on this), stores that sell new books (as opposed to used copies) saw book sales drop 12% last year. Bookstores can't take many years of that. They will downsize, evolve. . .and move away from physical books.
I say this as someone who owns and loves a Kindle. It's certainly much more portable, more space-saving, and greener (well, not sure about the component parts of the e-readers themselves). But I will never, ever give up physical books. The reading experience of an e-reader is far inferior to that of a physical book.
*shrugs* And you probably won't have to. Give them up, that is. This is just a matter of personal preference, though. I grew up on physical books, and genuinely prefer the reading experience of my Sony Reader these days. It's much easier to hold, I can change the font/display however I like, and it always instantly has my page for me, right where I left it. I understand the allure of physical books, but a large portion of that is nostalgia / associative pleasure (for lack of a better term). And by that I mean, you've come to associate the feel/smell of a book with reading enjoyment, and a gadget can't replicate that. This is likely to change, however, once people start growing up with ereaders instead of (or in addition to) physical books.
Amazon to Launch Library Lending for Kindle Books
20/04/2011 03:18:34 PM
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Excellent news!
20/04/2011 06:58:09 PM
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Paper books will not die for quite some time I'm sure.
20/04/2011 07:44:39 PM
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I guess it depends on what you mean by "death."
21/04/2011 05:04:40 PM
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Of course an online bookshop is going to sell more e-books than physical books.
21/04/2011 06:14:51 PM
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That's exactly right.
21/04/2011 06:34:28 PM
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I'm talking about the "Amazon sold more e-books than physical books in 2010" argument.
21/04/2011 06:39:45 PM
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I understand.
21/04/2011 07:26:28 PM
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Amazon being so successful at controlling the ebook medium makes me uneasy.
20/04/2011 07:13:02 PM
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Also: Terrible news. Another nail in the coffin of physical books. *NM*
20/04/2011 07:13:32 PM
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Not so much. *NM*
20/04/2011 07:39:17 PM
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A bit too melodramatic? Another blow to the desirable dominance of physical books, then. *NM*
20/04/2011 10:24:20 PM
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No. I just don't think this spells the end of physical books at all.
21/04/2011 06:11:53 PM
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Assuming you're right, that will still wreck the business of physical books.
21/04/2011 06:47:45 PM
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I take perverse pleasure in watching the decline of physical books.
21/04/2011 05:45:59 PM
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You are right, of course. But all the rationalizing in the world doesn't make me happy about it.
21/04/2011 05:57:12 PM
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Re: Amazon being so successful at controlling the ebook medium makes me uneasy.
20/04/2011 07:41:00 PM
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I'm not sure I understand how this works...
20/04/2011 07:30:51 PM
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Re: I'm not sure I understand how this works...
20/04/2011 07:43:19 PM
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You download them from the Internet using your library card as an ID. *NM*
21/04/2011 01:07:54 AM
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What Ghavrel said, but...
21/04/2011 03:14:07 AM
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Obviously none of you have used Overdrive. It's horrifically bad.
21/04/2011 01:07:14 AM
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Never heard of it. *NM*
21/04/2011 01:08:00 AM
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It's an already existing library ebook service, and it's terrible. *NM*
21/04/2011 02:19:25 AM
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What makes it terrible? *NM*
21/04/2011 02:20:12 AM
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The selection is awful, the interface is awkward, and it requires bizarre DRM installations.
21/04/2011 02:40:55 AM
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To be fair, Overdrive's problems are software issues, and not inherent to the business model.
21/04/2011 05:23:54 PM
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I definitely agree; I'm just irritated they're sticking with Overdrive. Ebook libraries make sense. *NM*
21/04/2011 07:14:38 PM
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Will a borrowed Kindle book have "fuck" underlined when it appears?
22/04/2011 01:59:39 AM
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