YouTube has finally rolled out its new iPhone app that will debut with the new iOS 6 that will be unveiled this week. YouTube had earlier lost its place as the nascent video sharing app on iPhones after Apple and Google did not renew a deal that had made YouTube a staple of iPhones since 2007, but this isn’t stopping Google. In fact, it might just add billions more to their already daunting pile of money.

Mobile advertising has been tough for YouTube. In the past, Apple did not allow advertising on videos shown within the app, but with YouTube now only available for download from the App Store, Google will be able to run ads on iPhones as well as Android phones.