Andy Rooney from 60 Minutes does not understand why eBooks will replace paper books. In fact, he seems surprised at the notion that one might even consider buying them. Perhaps he just loves seeing a wall full of hard cover books in his plush office, perhaps he likes carrying a bag full of heavy paper books around if he is reading several. Perhaps he has stocks on a paper company — who knows!!
The point is, eBooks are definitely doing allot better than their paper counterpart (according to Amazon) – partly because they are easier to carry around, they cost much less and allows more people to consider them. They also allow regular people to publish their own stuff removing the bureaucracy of big publishing houses. Oh and did I mention that distribution is more effective and efficient — no shipping or printing cost, and easier to track.