iSuppli Says…

ISH iSuppli looks at the book business and concludes:

Marking a major inflection point, the book publishing industry has entered a period of long-term decline because of the rising sales of e-book readers, new IHS iSuppli research indicates.

Book revenue for U.S. publishers, including both e-books and paper books, will decrease at a compound annual growth rate (CAGR) of 3 percent from 2010 to 2014. This marks a shift from the previous period of 2005 to 2010, when revenue grew slightly.

Of course, putting one’s faith in the judgement of analysts like iSuppli is probably not the wisest thing to do  🙂

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