02-18-2011 02:10 PM - edited 02-18-2011 02:12 PM
interesting points desert. I guess what I really meant was as a market that is getting active customers, it is still fairly early. either way my point was it doesn't matter if it costs 1/2 the cost of a normal book, if the number of customers is just 10% that of normal books pricing might be higher.
I forgot to mention that Gutenberg Project began in 1971.
But the concept of "e-books" has been around for a while. There was even an era of "books on disk" and "books on CD" (these were NOT audio books) before the commercial advent of the many e-readers we've seen come and go, like the Iliad or iRex and quite a few others actually. There was quite a push for the BeBe format a few years ago. Thankfully the market has gone with the epub format instead. But at the time, you had to use whatever format was for your particular e-reader. And very few of them could read .txt files even. It was a very proprietary market.
Contrary to popular thought, Kindle wasn't the first to produce an e-reader. It just made one that looked better (e-ink vs. gray scale) and had a longer battery life with a smaller battery as opposed to 6-8 AA size batteries. In comparison, think of how much GPS units have changed. You can get one on a wristwatch now.