E-Book Story Fails To Unfold

CBSNews has This Story on the eBook industry, and analysts utter lack of hope for the industry.


Though companies like Adobe and Microsoft that make e-book software are standing firmly behind the business, insisting growth rates are strong and getting stronger.

\”We haven\’t issued forecasts for the industry in two years, because the market\’s going nowhere,\” said David Card, an analyst with Jupiter Media Metrix. \”E-books were a dumb idea. I am very negative on this market.\”