iPad-toting doctors fuel publisher profits as paper fades

Bloomberg, September 11, 2013
Ohio doctor Mrunal Shah recently shipped four boxes of medical texts to developing countries because he can't recall the last time he cracked a book rather than tapping for information on his iPad. "There is no paper chart in any of my hospitals, and it's rare to see people even using paper and pen," said Shah, 41. While that's good news for Apple Inc., the shift has also been a boon for Wolters Kluwer NV (WKL) and Reed Elsevier Plc (REL), academic-journal publishers that trace their roots to the 19th century.

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