Monday, January 23, 2012

Tablet, E-Reader Owners Double Over Holidays

MediaPost reporting: The share of U.S. adults who own tablet computers nearly doubled from 10% to 19% during the holiday season, fueled in part by the launch of less expensive devices like the Kindle Fire and Barnes & Noble’s Nook Tablet, according to a new study.
The research by the Pew Internet & American Life Project found that e-reader ownership also jumped from 10% to 19% between mid- December and mid-January, while the proportion of Americans with either type of device climbed from 18% to 29%.
The surge is all the more striking because it follows a period from mid-2011 into the fall, when there was little change in the growth of tablet and e-reader adoption. But following the rollouts of the $199 Kindle Fire and the $250 Nook Tablet in mid-November -- taking on the $499 iPad -- consumers began opening up their wallets in large numbers.
“In the time we have been doing surveys about the adoption and use of digital technology, we have never seen growth quite like this,” noted Lee Rainie, director of Pew’s Internet & American Life Project. “These findings have major implications for every media company -- especially book publishers, everyone in a knowledge business, and key community institutions like libraries. They show how radically the tectonic plates of information creation and dissemination are shifting under our feet.”
While Amazon has not revealed exactly how many Kindle Fires it sold in the fourth quarter, it said in December it was selling Kindle devices overall at a rate of 1 million a week. The Fire has been its top-selling product since it went on sale. Wall Street analysts had projected Amazon sold as many as 5 million Kindle Fires in the quarter.
Barnes & Noble touted strong sales of its Nook devices over the holidays, though conceding Nook Tablet sales didn’t meet expectations. The company had said it is considering spinning off its Nook business a separate unit to capitalize on its growth as a digital media platform.

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