June 30, 2011 is the deadline laid down by Apple. On that date content sellers like Amazon Kindle will no longer be able to sell you ebooks on iOS via a browser. eBook purchases will have to be made inside the Apple login and Apple will get 30% cut. (I think I have that techy bit right.) Small ebooksellers can't afford the 30% fee and it is not clear that larger companies like Amazon or B&N can either. This may explain why both are rumored to be developing their own tablets.
Should Amazon and Nook abandon iOS ebook sales this would leave Apple iBook as the only ebook reader/store.
More info:
http://www.macworld.com/article/159858/2011/05/iflowreader_app_store_ebooks.htmlOf course Apple may blink but the showdown is looming.
For myself, when I bought my iPad a year ago, one of the main attractions over a dedicated device was I would have my choice of several ebook stores on one multi purpose device. Make no mistake, use as an ebook reader is one of the main reasons I own am iPad. If Apple's iBook store (which is mediocre at best) is the only choice then I reckon I'm going to have to either get another tablet (WebOS or Android) or a Kindle or nook reader and eat the loss.
Somewhere there is a warning here about making an eco-system too closed.