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I think it's going to rise some more, stay reasonable stable, and then slowly falling...
There are a lot of people wanting to learn about ebooks because it is new, and once they bought the device and get over the honeymoon, will stop buying books.
I also think books will lower even more in price, and at this rate illegal copying and distributing of copyrighted ebooks will rise as well.
Usually graphs like that have a bell curve, with the end of the curve probably in eternity, as some papyrus scripts of 4000 years ago still are found and read in museums,so I believe that these ebook devices will have their time,and probably 50 years from now end up in a museum or so... :-)
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