The iPhone 5 launch on Wednesday is sure to be the most important event for tech investors this year. The Motley Fool will host a live chat where our top tech analysts will answer your questions and break down what the announcement means for Apple and investors everywhere. Swing by Fool.com at 12:45 p.m. EDT this Wednesday for all of your coverage of Apple's next big announcement.
The two tech giants' previously failed to renew a licensing agreement. Apple reportedly wanted the right to design the built-in application, which wouldn't allow any ads to be shown on videos. Google is opting instead to retain its own design rights, making a YouTube app that will be available in the iTunes store for free -- and will feature ads -- thereby allowing Google to monetize its video player.
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