Hi AppNewser readers - we're now a part of Mediabistro's SocialTimes.com. For more great App news, reviews, guides and tips, head over to InsideMobileApps.

iPads Are Helping Kindle eBook Sales

The growth of the iPad is helping Kindle eBooks sales, according to new research from Cowen and Co.

The LA Times reports: “Turns out the iPad has actually helped Amazon. Not only are sales of the Kindle device expected to grow 140% this year to nearly 5 million units from 2009, but digital book sales via the Kindle store are on track to grow 195% to $701 million in 2010, according to Cowen and Co., which released a report Monday on the digital book market.”

Interestingly, according to the report, one in five people who buy eBooks from the Kindle store do not own a Kindle. The report also found that among readers who read more than 25 books a year, 44% prefer using Kindle on the iPad, while 47% prefer iBooks.

Related Stories
Mediabistro Course

Social Media Metrics

Social Media MetricsStarting September 4, work with a social media manager to monitor, measure and optimize your social media efforts! Danielle Brigida will teach your how to sift through web analytics, Facebook Insights, and Twitter mentions to develop a comprehensive reporting and tracking system for your brand. Register now!