eBook Sales Rose Nearly 130% in November

According to Association of American Publishers (AAP) sales figures, eBook sales were up nearly 130 percent in November. At the same time, adult paperback sales sagged 19 percent compared to the same period the previous year.

At the same time, adult paperback sales sagged 19 percent in November. And overall sales rose by 5.1 percent compared to the same period the previous year, totaling $852 million.

In addition, hardcover Children’s/YA sales decreased 2.7 percent in November and paperback sales in the same category decreased by 5.5 percent in November compared to the same period the previous year.

Wall Street sees big sales for Amazon Kindle

Amazon.com has steadfastly refused to disclose details on the sales of its popular e-book reader known as the Kindle, which hasn't stopped Wall Street analysts from trying to pinpoint the number anyway.

A pair of analysts issued reports late Monday with their estimates, which put Kindle sales for last year somewhere between 374,000 units and 500,000 units. Analyst Mark Mahaney of Citigroup says this would put the device ahead of the early sales of the popular iPod digital music player.

Amazon launched the Kindle in December 2007 and quickly sold out its initial production run. The device was also sold out in the recent holiday shopping season. The company has long refused to disclose specific sales figures for the Kindle, and a spokesman would not comment on the latest estimates for the device.