Report: E-reader sales plunge as tablets take over

SHARES:

02:52 AM December 13th, 2012

December 13th, 2012 02:52 AM

NEW YORK—Sales of dedicated e-reading devices like the black-and-white Kindles are in an “alarmingly precipitous decline” this year after five years of rapid growth, research firm IHS iSuppli says.

Full-blown tablets with color screens are behind the decline, the firm says. Amazon.com Inc. now sells tablets under the Kindle brand, and Barnes & Noble Inc. has added tablets to its Nook e-reader line.

IHS expects shipments of e-readers to fall from 23.2 million last year to 14.1 million this year.

The rapid rise and now rapid decline of e-readers is unusual even for the volatile consumer electronics industry, says IHS analyst Jordan Selburn, but it’s indicative of the broader trend of single-purpose devices like e-readers and cameras losing out to general-purpose ones like tablets and smartphones.

Disclaimer: Comments do not represent the views of INQUIRER.net. We reserve the right to exclude comments which are inconsistent with our editorial standards. FULL DISCLAIMER

For feedback, complaints, or inquiries, contact us.