Placebase — a company that offers global mapping services similar to Google Maps — is now owned by corporate giant Apple.
So what is Apple's aim? Some bloggers speculate that Apple is simply trying to further itself from Google. Others believe the intent is less extreme, and falls along the lines of more revenue:
Whenever you run a Safari search, as opposed to a Google search, Apple profits. When you use Google, Google profits greatly — while Apple receives the minimum of what Google owes them for using its service (significantly less when you think about the number of Google searches made daily). Why is this? In a nut shell: advertising revenue — It's how search engines make money.
Whatever their intent, with Apple involved you can be sure this isn't the last you'll be hearing about the inevitable "Safari Maps".