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I have to disagree, there is far too much momentum in the industry to assume that things have reached their terminus. Is there even any sign of contraction in the industry? All I see is new players jumping in and making money.
What I will say, though, is that the ebook readers we wind up with may not resemble the current models all that closely. I think there is still plenty of room for innovation.
Also, I don't think the end result of this will be a single form factor. Rather, I expect to see ebook reading happening on a range of devices, from handhelds and smartphones with hi-res screens, to laptops, to e-ink readers of varying stripes. I expect to see second and third generation Kindles, for instance, but also really cheap black and white readers that run off of solar power.
You'll read an ebook on whatever you have handy, just like people play MP3s on a variety of devices now.
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