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eBook revenues outpace print in Q1

Net sales revenue from eBooks have surpassed hardcover books in the first quarter of 2012, pointing to a historical moment in publishing.

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eBooks outsold hardcover books for the first time

According to the Association of American Publishers’ (AAP’s) net sales revenue report, adult eBook sales were $282.3 million, while adult hardcover sales counted $229.6 million during the first quarter of 2012. During the same period last year, hardcover sales accounted for $223.5 million in sales while eBooks logged $220.4 million.

“In Q1 2012, net sales revenue for eBooks was higher than that for Hardcover; this represents a switch of positions in the category vs Q1 2011. In both quarters, however, Trade Paperback remained a clear #1 in net sales revenue despite some erosion. While eBooks continue to show growth, downloaded audiobooks also keep accelerating vs last year – as some experts have said, tied to ongoing popularity and acquisition of smartphones and mobile devices.”

A glimmer of hope for bibliophiles is in the Young Adult and Children’s category which saw growth in revenue for hardcovers, up nearly 67 percent to $187.7 million. This category saw a 233 percent increase for eBooks to $64.3 million, but remains far behind print sales.

Personal story about my bibliophilia

Hi, my name is Lani, and I am a bibliophile. Whew, that feels good to get off of my chest. It may surprise some of you that know me well, because I report on technology and operate a digital publication, but despite the changing technology, I can’t shake my affinity for physical books.

When I was young, we lived in the Texas country with not much to do nearby. Before Kindergarten, I would hide in my grandmother’s classroom as she taught dyslexic children to read through the Phonics program. Like magic, I picked it up, and out of curiosity and boredom, I began reading the Nancy Drew series, which was the only thing that looked interesting in my grandparents’ giant wall of books. Before I started school at age four, I had finished the entire series which made school quite boring as children recited the alphabet and I smuggled novels into the classroom to read while they struggled.

By age six, I was writing poetry and had been published, and my book collection was massive. I was always the kid in the class who read the highest volume of literature, and I won a contest in sixth grade for my reading so much, which I seriously thought would be the pinnacle of my entire life. All of this led to my enthusiastic trip to Dallas that year to a shell of a second story retail location my aunt and uncle had just leased, as they were opening an independent children’s bookstore. The green grass carpet had just been laid, a stage was built, the walls were covered in chalk board material (before chalk board paint existed), a castle had been built in a corner, and there were boxes and empty shelves everywhere. I distinctly remember the smell of fresh hardback books in a box that no shopper had ever touched, and the softness of every single page. There was a glowing pride that swelled up inside of me with every book I had the honor of neatly putting on a shelf.

I worked at the bookstore every summer in high school and the first few years of college, and was able to meet many famous authors, and perform dozens of story times in costume. I loved it. There was this inherent understanding that it was an honor to be around books, because each word was poured out from someone’s soul and shared with the world.

In college, I studied English Literature as well as Spanish Literature, and I was again honored to be educated by novelists and students of the written word. I kept all of my textbooks and novels from college, and every so often visit them when I have time.

To me, physical books are more than just an author’s word that can be translated across any medium. I read eBooks, and I purchase print books, but I still have a different physical reaction when turning pages than I do reading digitally, and I am able to retain more from the pages that smell like a new bookstore. While not everyone has the same affinity for booksas I do, and not everyone could possibly care as much, I still choose print over digital, even as a digital publisher myself. The next generation may feel differently, but for me, nothing beats being honored with a writer’s soul that spilled onto a page that I smuggled into a classroom when I was four.

Lani is the Chief Operating Officer at The American Genius and sister news outlet, The Real Daily, and has been named in the Inman 100 Most Influential Real Estate Leaders several times, co-authored a book, co-founded BASHH and Austin Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

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1 Comment

  1. HannahShaner

    June 19, 2012 at 2:15 pm

    As a book publicist for many indie author imprints, I completely understand your sentiment! There’s nothing quite like the smell and feel – and just overall experience – of a printed book. As a publicist for a free DIY e-publisher (Booktango), though, it’s such a different world. I truly hope print books never go out of existence, but it’s only logical to be able to access books like we access everything else – right this second, wherever we are. Interested to see where things go…

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Tinder creators launch Ripple, a professional networking app void of pros

(TECH NEWS) Ex-Tinder employees have come together, backed by Match.com, to create a swipe-based professional network, but we don’t plan on giving it a second date.

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In 2015, we discussed briefly the possibilities of taking the dating app’s and repurposing them for professional networking. What if finding professional connections was as easy as finding a date on Tinder? Tinder (executives) literally heard us because they have introduced a solution in their new mobile app called Ripple.

Not to be confused with Ripple the cryptocurrency, Ripple the app is a professional networking tool that literally feels like Tinder.

As it should, the former CTO, Director of Engineering, and Lead Designer of Tinder all make up the founders, along with Mike Presz from Match.com. People who make good dating platforms came together for a professional networking solution that they hope makes networking easier, more natural, and more modern. I took the liberty of signing up for a few days and experimented with the app and I have a few things to say about it…

The good?

Design. Design. Design. The app has a luxuriously simple UI, and is fabulously easy to use. If you even tried Tinder for six minutes, you’ll be able to use this app. The use of symbols, big images, and easy UI is great. The application navigates simply.

It’s fantastic. It’s minimal, it’s content oriented, the interest categories are so good (but they could be better – no interest in process improvements? Go learn about Six Sigma) LinkedIn should look it. The profile set up takes no time at all, about five minutes and you’re ready to go.

But that’s about it.

Everything that’s not good? Everything else.

This is probably because the app is new, but there is nothing going on for the US market. I saw a lot of European professionals and professional groups, but zero people in my area, a major US metropolitan area also called Dallas-Fort Worth. The lack of content and the lack of professionals means the app has nothing.

I can’t rate group experience or say I met the mentor of my professional dreams because no one is on it. Which leads me to ask: What’s next?

The branding, marketing, and advertising for this app are going to have to take off. This is a beautiful product, but the lack of content makes it a pretty dull use. I had to actively remind myself to use it, and I’m in a serial relationship with LinkedIn.

Basically, no second date for me with Ripple until they get… something to happen.

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The cutest part of CES was Sony’s AI robot doggo, Aibo

(TECH NEWS) The Consumer Electronics Show revealed the technologies that are dominating and will dominate the market, with Sony’s AI puppers stealing the show.

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aibo sony ai doggo

One of the most endearing items to emerge from CES this year was Sony’s revamped robot dog, Aibo.

Aibo’s first unveiling in 1999 featured a blend of emergent Sony technology, such as their Memory Stick and companion operating system. By the time of its demise in 2006, the Aibo was equipped with a large vocabulary (it could speak 1,000 words) and could interact with an owner’s commands and motion. The computerized canine wasn’t limited to just the realm of their traditional counterparts, however – the 2006 model of the Aibo could take pictures from the eye-embedded camera system, play music, and write blogs.

Equipped with more personality and a better interactive capability with its environment, the 2018 Aibo looks more like a real dog as well.

Composed of 4,000 parts and OLED-screen eyes to more authentically mimic movements, Sony says it relies on sensor systems and embedded cameras akin to those in self-driving cars to provide as close to an authentic experience as they can. The cameras, located in nose and tail, allow the robot to learn its way around the house and to deliver it back to its charging station once the two-hour charge runs out.

Reviewers at CES noted that the updated version of the Aibo was very “puppy-likem” barking and scampering with unlimited energy.

The current model is also touch responsive on its head, back and under its chin, allowing the user to give “puppy love” in a way that mimics that of what real dogs like.

Perhaps proving that Aibo is capable of acting more and more like a real dog, the robot canine was unresponsive to commands from Sony CEO Kazuo Hirai on stage at its unveiling, prompting Hirai to return Aibo to Sony staff quickly.

Slated to go on sale in Japan later this year, the dog isn’t cheap, priced at nearly $1,800, but does find itself selling into a dedicated Aibo fanbase from its earlier issue and a consumer market which is hungrier and more accepting for interactive experiences of this type of poo-free pet ownership.

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Lyft offers test rides in their autonomous cars – how’d it go?

(TECH NEWS) Lyft let passengers roll around Vegas in their self-driving cars, and surprisingly, no shocking viral videos resulted.

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lyft self driving cars

If you haven’t been paying attention to the progress of self-driving cars, you’re in for a shock – they’re closer to a daily reality than you might think. As part of this year’s CES conference, Lyft offered test rides in a handful of their autonomous cars, and the results were reportedly decent.

Unlike other companies’ public tests in the past, Lyft’s demonstrations consisted of normal passengers taking normal routes in Las Vegas; there was little in the way of preemptive route control, meaning that the tests were as authentic as possible. Passengers were able to board autonomous Lyfts from the Las Vegas convention center, with some testers traveling well over three miles with minimal operator interference.

The cars themselves are designed by Aptiv, which is a technology company heretofore unaffiliated with Lyft.

While both companies are aware of the potential for flaws and the need to iron them out before production begins en masse, test riders reported that the cars were able to anticipate and respond to a myriad of traffic conditions (for example, slowing down to allow a faster vehicle to merge); this bodes well for the 2020 goal that many autonomous car companies have set.

Naturally, there were a few kinks in the cars’ respective operations, including yellow light confusion and some other finessing issues, wherein the cars’ human operators had to intervene.

The technology behind self-driving cars is only part of the equation, however. As autonomous vehicles become more commonplace, cities will have to adapt to accommodate them.

This process will most likely include things like redefining road architecture, legislation regarding car use (at the moment, autonomous cars must always have a driver in them), and implementation of smart technology.

There’s also the matter of public perception. While most of the reports from the Lyft demo in Las Vegas were positive, the fact remains that plenty of people will be skeptical of new technology – as well they should be, since any emerging technology is bound to make a few bad headlines before it evens out.

How Lyft counters this perception will be key in determining the future of its autonomous fleet, and perhaps even the future of autonomous cars as a whole.

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