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Updated live from Wikipedia, last check: June 02, 2012 09:21 UTC (55 seconds ago)
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The iBookstore is an ePub content sales and delivery system for the iBooks application for the iPad from Apple Inc. For the iPad launch on April 3, 2010, the store will be available only in the United States.[1][2][3] However, Apple plans to expand to other countries later in 2010.[2][4]

Prior to the unveiling of the iPad, publishers Penguin Books, HarperCollins, Simon & Schuster, Macmillan Publishers, and Hachette Book Group USA committed to producing content for the iBookstore. Additional publishers were invited to participate on the day of the product announcement, January 27, 2010.[5]

The day before the iPad event, Terry McGraw, the CEO of McGraw Hill, appeared to divulge information to Erin Burnett on CNBC about the upcoming iPad release.[6] This was quickly picked up and disseminated by rumor sites and eventually mainstream media outlets as revelation of features of the iPad. McGraw Hill was not included in the iPad presentation at the Apple media event and there was speculation that their exclusion was in response to this release of information.[7] However, McGraw-Hill has stated that the information disclosed by McGraw was not privileged, and that they had not intended to participate in the event.[8]

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