What's the latest news on the Apple - Nike Partnership?

I think the Apple - Nike partnership is natural because the two companies have had a good relationship together, and the speculation has been around for years now. Back in 2006, they teamed up and launched the Nike+iPod products. They brought the worlds of sports and music to together! How clever is that?

That being said, is this partnership Official or is it still in the works?

What's the latest news on this partnership?

Also, will Tim Cook be giving away Apple's future strategies?