According to Barnes & Noble official site B&N eReader for iPad will be released around the time of expected iPad’s availability. We’re not sure if Apple will ever accept the app because of competition with Apple’s own on-device bookstore.

“We’ve been getting lots of questions from customers, so we wanted to confirm that we will soon be adding a new B&N eReader for iPad – continuing to fulfill our promise of providing consumers any book, any time, any where,” says official B&N blog.

“Designed specifically for the iPad, our new B&N eReader will give our customers access to more than one million eBooks, magazines and newspapers in the Barnes & Noble eBookstore, as well as the existing content in their Barnes & Noble digital library.

To be released around the time of iPad’s expected availability, the new Barnes & Noble eReader will join our growing list of free eReader software for most computing and mobile devices including PC, Mac, iPhone, iPod touch and Blackberry, many of which will be updated shortly for an enhanced on-the-go reading experience.”