11/02/2008 05:12 am ET | Updated May 25, 2011

iPhone Stanza E-Book Reader: Kindle Killer?

Stanza, iPhone's free e-book reader application, has been downloaded more than 395,000 times and is installed at an average rate of about 5,000 copies a day, according to the app's creator Lexcycle.

This number is greater than a recent Citigroup estimate of 380,000 Kindles that it predicts Amazon will sell in 2008, reports Forbes.

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