I don't know how they realized the following statistic, but *I* certainly didn't make much of a dent in decreased hardback sales. My physical bookcase is about 95% paperback and 5% hardback and I don't buy either anymore.
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What's more, "As e-books grow as a category, there will be cannibalization," Epps says. "The early adopter buying an e-reader device happens to be the same customer who would have bought a hardcover book."
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