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More data from media market research firm Simba Information:
http://finance.yahoo.com/news/Simba...v=1&utm_source=twitterfeed&utm_medium=twitter
So, about what was expected. The iPad was not that interested in ebooks -- it was just an additional show pony. But 65% of iPad owners do read e-books, which is millions more than we had before, so we don't care. But this does show you that the hype about e-book domination was, well, a bit hypey. The market is growing slowly. And I may be wrong and e-readers will end up a bigger market, rather than the multi-function devices taking the lead. The electronics market just isn't very focused on books and no reason really that they should be. But e-books will continue to be part of the media package these devices offer.
http://finance.yahoo.com/news/Simba...v=1&utm_source=twitterfeed&utm_medium=twitter
Media and publishing market forecast firm Simba Information, publisher of the "Book Publishing Report" newsletter, has estimated about 35% of iPad owners haven't used the devices to read e-books.
Michael Norris, senior trade book analyst at Simba Information: "Research has already shown us that with multi-use devices, reading falls down on the list of things to do."
"It isn't likely the U.S. market can support scores of dedicated e-book reading devices since so many consumers only buy a small number of books in a given year and the book buying public isn't turning toward e-books as rapidly as most think," said Norris. "However, the current crop of devices available (including the iPad and the iPhone) provides different types of value and trade-offs to diverse consumers; ongoing surveys show that the idea of there ultimately being 'one device to rule them all' is false."
...the percentage of adults who read/use e-books (but don’t necessarily buy) has remained at roughly 15% so far in 2010—about the same as in 2009.
So, about what was expected. The iPad was not that interested in ebooks -- it was just an additional show pony. But 65% of iPad owners do read e-books, which is millions more than we had before, so we don't care. But this does show you that the hype about e-book domination was, well, a bit hypey. The market is growing slowly. And I may be wrong and e-readers will end up a bigger market, rather than the multi-function devices taking the lead. The electronics market just isn't very focused on books and no reason really that they should be. But e-books will continue to be part of the media package these devices offer.

