Amazon reports that sales of e-books have surpassed sales of hardcovers. Does this mean e-books have reached the mass adoption phase and printed books are on their way out? Or does this mean that hardcovers are overpriced and people who don’t want to wait for paperback versions are switching to e-books?
What is the option for publishers? Should they just get rid of hardcovers or should they reduce prices to stay afloat?
Will e-books destroy the publishing industry?