Death of the CD?

Are we witnessing the last days of the humble CD? The download generation has taken over the party now and it seems even the hi-fi stalwarts going off to dance with its non-physical rivals.

Linn, one of the major forces in hi-fi and most famous for the LP12 turntable that's dominated the high-end market since the '70s, is pulling out of the CD player market.
Linn is turning its attentions to streaming devices such as its DS range. And the reason Linn's cited isn't that that's where the market is heading; it's because Linn claims that digital streaming is now superior to CD.

When you can get high quality downloads from iTunes and Spotifly offering downloads of CD quality, it's getting increasingly difficult to argue a case for CD other than "But I like actual things!" And that's an argument that's better suited to vinyl, with its ritualistic process of placing the needle in the groove and changing to side B.

Who would of said that vinyl might outlive CD?