Share “Report: E-reader sales plunge as tablets...”

Report: E-reader sales plunge as tablets take over

Published on NewsOK Modified: December 12, 2012 at 10:27 am •  Published: December 12, 2012
Advertisement

NEW YORK (AP) — 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.


AROUND THE WEB

  1. 1
    KFOR: Reports: Domestic shooting in northwest Oklahoma City
  2. 2
    Crime on the decline in Tulsa Housing Authority housing complexes
  3. 3
    Clinton aide may have 'delivered favors' for friends, IG finds
  4. 4
    Reba McEntire and husband Narvel Blackstock announce separation
  5. 5
    Firefighters battling north OKC apartment fire
+ show more

FEATURED JOBS



× Trending business Article