December 8, 2003, 12:00 AM

E-book sales rise 37% in Q3 over year-ago period

Unit sales of e-books rose 64% year-over-year in the third quarter, to 377,000 from 230,000, while the value of those sales rose 37% to $2.6 million from $1.9 million, the Open eBook Forum reports.

 

Unit sales of e-books rose 64% year-over-year in the third quarter, to 377,000 from 230,000, while the value of those sales rose 37% to $2.6 million from $1.9 million, the Open eBook Forum reports. The increases occurred despite the departure from e-book sales by BarnesandNoble.com and Gemstar-TV Guide International Inc.

For the first three quarters of this year, e-book unit sales surpassed 1 million for the first time, the Open eBook Forum reports.

"These figures are particularly significant in light of the departure of e-book sales by Gemstar and BarnesandNoble.com," said Nick Bogaty, executive director of the E-Book Forum. "Double digit growth shows the strength of this industry and e-books represent one of the fastest growing segments in all of publishing."

The number of published e-book titles in Q3 rose 74% year-over-year to 2,159, up from 1,241.

The Open eBook Forum bases its figures on data compiled from 30 e-book publishers and retailers.

 

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