April 24, 2018

E-Book Sales Grow, as Do Sales of University Press Books

By LJ Staff

Electronic book sales have grown to impressive numbers, according to figures released by the Association of American Publishers (AAP). Sales were $3.3 million in January 2003, up significantly from $211,000 a year earlier. These numbers only include the reports of six major publishers: Farrar Straus Giroux, HarperCollins, Wiley, Random House, Simon and Schuster, and St. Martin’s.

University press sales rose considerably, with hardcover sales up 52.5 percent ($5.5 million) and paperback up 24.7 percent ($6.1 million). Sales of professional and scholarly books also rose, up 6.8 percent with sales of $28.7 million. Sales of bibles, prayer books, and similar reading matter rose 36.8 percent. Declines were posted in audio books, adult hardcover and paperback, and children’s hardcover and paperback titles. Audio books fell 40.3 percent, with sales of $4.5 million. Adult hardcover sales fell 13.7 percent, to $76.8 million, while paperback sales dropped 15.4 percent with sales of $81.8 million. The adult mass-market category dropped 10.1 percent, with sales of $57.6 million.