SOURCE: Simba Information

Simba Information

April 14, 2010 11:32 ET

New Simba Information E-Book Report: iPad, Kindle Face Surprising Competition in E-Book Device Race

STAMFORD, CT--(Marketwire - April 14, 2010) -  Simba Information, the market research firm specializing in publishing and media, has unveiled the real e-book competition to the iPad according to the second annual report, Trade E-Book Publishing 2010 (http://www.simbainformation.com/redirect.asp?progid=78571&productid=2523084), which was released today. According to Simba's nationally representative survey of over 1,880 adults, the PC has again been named the No. 1 e-book reading device, named by 68% of e-book users nationwide as the most frequently used device to consume an e-book.

"There's a mistaken belief that consumers are the most interested in dedicated reading devices, but it's not true," said Michael Norris, senior analyst of Simba Information, commenting on the report. "Since we know most book consumers only purchase a tiny number of titles in a given year, you could assume a $300 gadget to read a $6 paperback doesn't make sense to a lot of people. For the second year in a row, we can back that assumption up."

The PC, as Norris points out, also had a big head start over dedicated devices like Amazon's Kindle or Barnes & Noble's nook. The PC is also very common and public transit commuters often have one with them anyway (and may read a book on their computers at the office while pretending to work).

"Dedicated devices have been chipping at the PC's lead for a while," added Norris. "For the iPad to get any sort of dominance, it needs to become very popular very fast among the PC crowd and not necessarily the dedicated device crowd."

Trade E-Book Publishing 2010 drew much of its analysis from a Simba Information survey of over 1,880 U.S. adults administered in February and March 2010, as well as over a year's worth of bestseller analysis from the e-bookstore of Sony, Amazon and others. The report compares the top categories of each bookstore to one another and to national print bestseller lists to determine what kinds of e-books consumers are demanding, and contains an analysis of pricing strategies. New to this edition is a section on price sensitivity of e-books, as well as updated information on last year's report, which determined 8% of the U.S. adult population bought at least one e-book in the prior 12-month period.

The report also provides demographic intelligence about the e-book consumer -- including gender, age, household income, education level and more. Simba has also studied the average number of e-books read by consumers of the format and compared it to what is known about the consumption of print titles.

Trade E-Book Publishing 2010 also features trends and pitfalls in the marketplace, key publisher and retailer initiatives, new psychographic details of consumers and a thorough device analysis. Additional information can be found at www.simbainformation.com or by calling 888-29-SIMBA.

About Simba Information
Simba Information is widely recognized as the leading authority for market intelligence in the media and publishing industry. Simba's extensive information network delivers top quality, independent perspective on the people, events and alliances shaping the media and information industry. Simba provides consulting and reports that offer key decision-makers at more than 15,000 client companies around the globe with timely analysis, exclusive statistics and proprietary industry forecasts. For more information, please visit www.simbainformation.com.

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