Inside of some long and boosterish year-end blog posts, Smashwords made a couple of announcements. The privately-owned ebook distributor “will do around $15 million in ebook sales in 2012.” In June 2012, founder Mark Coker had told Forbes he expected to double his 2011 gross to $12 million for the year. Since romance and erotica comprised almost 40 percent of sales in June, we infer that growth in those categories helped lift overall results. It’s also increasingly clear that Smashwords’ growth is linked to the international expansion of the iBookstore. “For the month of November 2012, sales of Smashwords-distributed titles […]
