Goldman Sachs: E-book will boost book sales growth in the U.S.

Source: Internet
Author: User
Beijing Time April 13 Noon news, according to foreign media reports, Goldman Sachs analyst Michel James Mitchell published an investment report in Monday, although the popularity of Apple's ipad and the Amazon Kindle and other e-readers will lead to a decline in traditional book sales,  In 2015, however, total U.S. book sales are expected to grow by 5.8% this year. Michelle Obama says total U.S. book industry revenues will grow from $23.5 billion trillion this year to $24.9 billion trillion in 2015.  E-book sales will turn 4 times times to $3.19 billion trillion over the same period, while sales of printed books will fall by 4.9% to 21.7 billion dollars. Michelle expects Apple's share of the US e-book market to increase from 10% this year to 33% in 2015, while Amazon's share will fall from 50% this year to 28% in 2015, while Barnes &noble, America's largest chain bookstore, will have a share of this year's 5% Increased to 15% in 2012, then remained stable. (Ding Macro)

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.