eReaders Facing Extinction Says IHS Survey

By Doug Olenick On Dec 12 2012 - 12:41pm

The basic eReader is quickly becomng a thing of the past.

El Segundo, Calif. – The shelf life of the eReader could be coming to an end thanks to low-priced, multi-use tablets.

According to IHS, the eReader first hit the scene in 2006, and the industry saw shipments jump from about 1 million in 2008 to 10.1 million by 2010. The following year this figure more than doubled to 23.2 million, but since then the category has declined.