E-Books Sales Up 115%, But Does It Come At the Expense of Print?

By Audrey Watters / Read Write Web / March 20, 2011 

The Association of American Publishers (AAP) released its figures from January 2011 book sales, and the news echoes what we've come to expect: more readers are turning to e-books, and they're doing so in droves.

In fact, e-book sales have more than doubled since the same time last year. According to the AAP, e-book sales are up 115.8%, from $32.4 million to $69.9 million year-over-year.

But how does that impact the rest of the publishing industry?
Do more e-book sales mean more books are being sold?
Are e-readers and iPads engaging a new audience of readers (or at least book buyers)?
Or are consumers simply making the switch from print to digital?

Full article at Read Write Web