E-Book sales dipped a bit in September 2011, to $ 80.3 M, but were more than double last year's results, and were strong enough to carry e-books to a new record quarter of $ 251.7 M in Q3, 2011.
Not exact matches
Traditional print books increased almost 3 %, while
sales of
e-books dipped.
And, as the most recent
sales figures show,
e-book sales took a
dip when the agency model was announced, but continue to show strong growth since then.
This caused a temporary
dip in
e-book sales, which have since recovered.
With overall book
sales in Germany experiencing their first minor
dip in years (1.4 %), more and more publishers are investing in their
e-book business, despite the current lack of overwhelming demand from readers.
One other note on March's decrease from February's
sales: just like
sales dipped to their lowest point of the year last April, the first month that 5 of the «Big 6» publishers raised
e-book prices under «agency model» pricing, March 1 marked the date when Random House joined ranks and embraced the agency model as well.
High
e-book prices could also be contributing to the
dip in
sales.
(While they were still double last year's numbers, any
dip is unusual, as
e-book sales have been consistently increasing at a rapid pace.)
Well, today I see a pair of articles analyzing the
dip in Q2
e-book sales and attributing it to: post-Xmas buying and agency model pricing, and that indie author retailers like Smashwords weren't being included in the data.