Personally, I've found the reading times on any ereader or ereader app I've used are horribly inaccurate at best. In the book I am currently re-reading (Destiny's Shield), the time left in the chapter after reading the first two screens is 0 minutes and the time left in the book at 28% read is 5 hours to go. Considering that I personally consider that it will take about 2.5 hours to read the book so at 28% in after 40 minutes, ~2 hours left to go (total words are 151K).
Besides, reading is not a competitive sport so take the timings as being estimates based on some developer's idea of an average reading speed and nothing to do with reality.
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