Here is an excellent article from Susan Campbell on the synergies between Google and Apple in their new partnership. The potential for both companies to grow sales is obvious in such a collaboration. Just the YouTube/iTunes synergy alone is worth a great deal.
Now think about Google applications distributed on all iPhones. Gmail, Google Search and everything else. The iPhone’s calendar functionality can even be provided by Google.
The thought of a collaboration between these companies is great news for both and the losers will be other mobile phone makers, Microsoft and Yahoo.