There has been much written about the current question vexing the publishing world - is the age of the hardback over? Should we be publishing our books straight into paperback, with e-books coming swiftly behind (or alongside)? I know of one author who is of the (somewhat alarmist) view that a hardback publication will 'kill' a book ... I couldn't agree less.
Each publisher looks at their list and their sales expectations of a book. Here at A&B, I'm happy to sell a modest 1500 hardbacks, but I'm sure that is just a fraction of what a large publisher like Macmillan would consider viable. We're not Macmillan, though. We're a small independent publisher, and hardbacks are our lifeblood. We publish all our genre fiction in that format and are fortunate to have a vibrant (and growing) collectors market for our handsome first editions, as well as a loyal and vital library audience. There's still a valued customer-base for our hardbacks, and I don't see that disappearing in the immediate future. Eroding a bit, yes, but not becoming extinct. Thankfully, it seems I'm not alone in that view -Michael Skapinker writing in today's FT tells of his love of hardbacks, something that he discovered after central heating and sunlight took their toll on his paperback collection.
I must confess that if I was an author I'd much rather give my friends and family a beautifully produced hardback when my book was published, than a small format (rather disposable)paperback. But that's just me.