eBook Sales Increase 115 Percent In January

A report released by the Association of American Publishers, shows sales of eBooks in January 2011 rose over 115 percent when compared to the same month the year before. With net sales of eBooks totalling $69.9 million during January 2011, up from $32.4 million in January 2010.

The report also shows that paperback books sales are continuing to fall by 30 percent year-over-year. With adult hardcover book sales falling from $55.4 million in January 2010 to $49.1 million in 2011 dropping 11.3 percent.

With more and more applications dropping on to new tablet and mobile devices eBook sales can only increase. Amazon has reported that its Kindel 3 device has been its biggest ever selling product, fuelling the purchase of eBooks globally.