No YouTube app on the next iOS software update

I've been surfing the web and discover many news about the upcoming software update from Apple.

They say that the next iOS software update will not come with a pre-installed YouTube application for the iPhone and iPad. Instead, users can still able to play YouTube videos in the Safari browser.

YouTube was one of the original iPhone's main features, pushing Google to re-encode the entirety of the popular video hosting service's library so that it could work without Adobe's Flash.

Google Inc., which owns YouTube, is now working on a downloadable app. YouTube app will be back... but in a standalone form, not as a home-screen default.

Apple released the following statement:
Our licensing to include the YouTube app in iOS has ended. Customers can use YouTube in the Safari browser and Google is working on a new YouTube app to be in the App Store.

The next iOS software update will set this Fall 2012.
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