Kindle Book Prices Starting to Climb
With the recent launch of the iPad and battle with book publishers, Amazon’s Kindle book prices are starting to rise. Books on the bestseller list that used to cap at $9.99 now start at $9.99 and up. Bestselling author Jodi Picoult’s latest novel, “House Rules”, is available for Kindle at $12.99. Others such as “The Bridge,” by David Remnick is $14.82 and “Chelsea Chelsea Bang Bang,” by Chelsea Handler is $12.99. More info is available in this article from The Baltimore Sun about the Apple iPad’s influence on e-book prices. There are still a good many bestsellers holding at $9.99, but it remains to be seen what the future holds in terms of e-book price inflation.
It will be interesting to see what the reader response is to the price hike in the long run. Based on observations of the comments on the Kindle forums, they are not happy campers. There are many mass market paperbacks available for nearly half the price of the Kindle versions of the same books. According to the article about the new e-book prices, publishers claim that paperback versions are often printed by different publishers than the Kindle version, thus leading to inconsistent prices. Time will tell whether the price hike will be a short term or long term issue. If they stay high for long term, it will be interesting to observe the impact on e-book and e-reader sales.