Good point. It's a piece about traditional publishers (especially the big 5) not book sales in general. Also buried in the article is head of Kindle ops saying

Good point. It's a piece about traditional publishers (especially the big 5) not book sales in general. Also buried in the article is head of Kindle ops saying, Amazon's ebook sales are continuing to increase. It's not only possible that ebook sales are going up, there's very strong evidence of this. Check out the authorearnings.com site if you want to see just how fast the ebook market is moving away from traditional publishers to self-publishing and alternative approaches.