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Two days ago, the first buyers of Apple's iPad began putting it through its paces, playing games, navigating the Internet, and downloading electronic books. That groan you heard was from dozens of book publishers across the United States, reeling from yet another onslaught against their bread and butter: the paper book.
With the times progressing, the technology is getting faster, cheaper, and adds greater value to our everyday lives. Due to this change, people are reading less and less. Therefore, the sales of books has been on a decline.