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There was no indication how many would switch to eBooks forgoing hardcover editions.
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Unclear how many? I'm with ya.
No indication?.. as in zero? Just not true. Quite a few people proved willing to pay hardcover prices for ebooks—pre-Sony, pre-Amazon even. It was not a complete crap-shoot. People were
buying ebooks. And publishers were starting to put up stumbling blocks. They don't get to actively resist the "ebook revolution" AND claim they had no clue all at the same time.