Ebook Sales have nearly Tripled at John Wiley & Sons

The academic publisher John Wiley & Sons released their quarterly statements today, and the last 3 months saw a phenomenal growth in ebooks.

The data is from the first quarter of their fiscal year 2012, and it covers  July, June, and (I'm assuming) May. Income from ebooks totaled $11,000,000, which is around $7 million more that the same period last year.

Yes, ebook sales nearly tripled. They now account for 11% of revenue for the professional/trade unit at Wiley (vs. 4% in the same quarter of last year). What's even more surprising is that Wiley reported seeing strong sales growth at both Amazon and iBooks. Yes, iBooks. I guess Apple's efforts to cripple their ebook competition must be working,

Okay, this isn't so amazing anymore considering that Pearson, S&S, and Hachette have all reported similarly fantastic growth. Penguin's most recent numbers peg ebooks at 14% of revenue, Simon & Schuster have reported 15%, and Hachette reported ebook sales having tripled to around 20%.

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Nate Hoffelder

View posts by Nate Hoffelder
Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.

2 Comments

  1. […] see how the current situation can be all that bad; it was only last month that Wiley reported that ebook sales had tripled and now accounted for 11% of revenues. Just think, if not for the pirates, ebook sales might have quadrupled! Or […]

    Reply
  2. […] with Hachette reported ebook sales having tripled to around 20%, Wiley reported that ebook sales nearly tripled last quarter, and Penguin reporting a doubling in ebook sales just yesterday. I guess this means that Price Fix […]

    Reply

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