Yes, as digital books become available some people are going to stop buying physical books.
There were 508 Borders stores in the U.S. in 2010. They're all gone, but guess what, there are 245 Apple stores, none of which existed a decade ago.
Borders filed for bankruptcy with $2.8 billion in 2010 assets. Apple generated $14.8 billion in net income in 2010. Apple could reasonably have bought Borders and, not only propped it up, but quadrupled its store count with the profits it makes off the iPad.
But why would they? Such a move would make no business sense - why use your profits to prop up and expand a failing business when you can use your profits to expand your successful business?
