Apple rumored to be ready with own Mapping Feature for iOS 6 release expected this Fall. The killer feature is a photo realistic 3D mode.
There have already been rumors that Apple is working on their own map software. Today 9to5Mac reports that trusted sources have said that Apple is replacing Google Maps in iOS 6. The new Apple Maps implementation works similar to Google Maps, but is supposed to be cleaner, faster and more reliable.
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A cool feature of the Apple Maps in iOS 6 is supposed to be an amazing new 3D mode. The 3D mode is based on the technology of C3 Technologies, a company Apple bought a while ago. Their technology is based on declassified military algorithms and produces photorealistic 3D maps. See videos and photos of the C3 maps here.
We might see iOS 6 as early as June at the WWDC 2012.