E-books Set Record Q1 Sales
E-book sales have reached record levels, and revenues are way up, according to a report by the Open eBook Forum (OeBF), an international organization that monitors trades and standards for the e-publishing industry.
Unit sales grew 46 percent to 421,955, while revenues were up 28 percent to $3.23 million, compared to the same quarter in 2003, according to OeBF. Twenty-four of the leading e-book publishers and retailers submit data to the OeBF, which uses the data to compile its report. The eBook Statistics Report is a quarterly report released by Open eBook Forum.