(investorplace.com): The dialogue surrounding Apple Inc.‘s (NASDAQ: AAPL) iPad since its April release has hailed the tablet’s widespread success as not just emblematic of a sea change in consumer grade computing technology but also the death of the still larval e-reader market. With an install base estimated to be more than three times that Amazon Inc.‘s (NASDAQ: AMZN) Kindle, a device that’s been on the market five times longer than Apple’s machine, there’s compelling evidence that the iPad has indeed killed the e-reader before it truly had a chance to shine. This point of view presupposes that iPad users are using their tablets as e-readers though, purchasing e-books through Amazon’s Kindle or Banes & Noble (NYSE: BKN) Nook apps or, more importantly, Apple’s iBookstore, the literary equivalent of iTunes that launched alongside the iPad last spring.
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