My fear is that the major publishers won’t be able to stay in business just selling e-books. You can’t bring in enough money to support the infrastructure. If that happens, there goes the marketing, the editorial, the author tours, the expertise of the book industry.
That’s a very sad story, but I believe I speak for the vast majority of book buyers who would much rather be spending ~$5 less per book.
Cut in E-Book Pricing by Amazon Is Set to Shake Rivals - NYTimes.com
Source: The New York Times