Originally Posted by
gfunkdave
Google's former CEO said today that Google has no plans for a standalone iOS maps app.

When you think about it, why would they?
I am sure they made more from the licensing fee Apple paid them then they could get from in-app advertising and I suspect that the real advantage of GoogleMaps is its integration into the OS. The difference in functionality and integration of a generic app vs. a homepage shortcut probably isn't enough to justify engineering the app.