[DiapDealer]

I've no problem believing ebooks sales could have temporarily plateaued. I'm just not buying (yet) the purely anecdotal evidence that former ebook aficionados are reverting to pbooks in any relevant numbers. Certainly not "in droves". I can, however, believe that people who were given ereaders as gifts, bought a few ebooks and just never warmed up to them.

Ebooks are a relevant industry. It will continue to be relevant. Just because it might not be supporting a ton of major retailers doesn't mean the horse is going back to the barn.

When books I want to buy are not available as ebooks, I'll start worrying. But for the last 5 years or so, I've had the choice of buying anything I've been remotely interested in in the Kindle and Epub formats.

Talk to me about a reversion to pbooks when publishers aren't releasing 100% of their midlist/big-name new releases as ebooks. That's the only thing that will convince me.