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The real story here is that DTBooks will never die but ebooks are taking off in a big way. The author may be railing against what he sees as irrational exuberance, but if so few kindle users can make that kind of dent in the hardcover market, there is just cause for some exuberance.
Amazon is looking mighty clever right about now. B&N will also continue to invest their clout. I'll be interested to see where Apple's sales numbers are in a year too.
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