The announcement of Google Maps Navigation in Android 2.0 created a few ripples yesterday and there was an immediate hit on the share price of mobile navigation companies who will be competing in the same space. Thanks to Charles who found the stats here.

However, it now appears that this system may find its way to the iPhone which is something I did not expect. This quote from AppleInsider says it all- “Apple is a close partner,” a Google spokesperson told AppleInsider Wednesday. “Millions of users experience Google Maps on the iPhone. We will continue to work with Apple to bring innovation, including Latitude and Navigation, to users but you’ll have to speak to Apple about availability.”

Google has an opportunity to make the Android platform unique with this offering, but is flexing its corporate muscles by concentrating on its core business and thus it may well end up on a few different mobile platforms.