In his blog, Henrik Stahl points to an press release stating that;
Apple will contribute most of the key components, tools and technology required for a Java SE 7 implementation on Mac OS X, including a 32-bit and 64-bit HotSpot-based Java virtual machine, class libraries, a networking stack and the foundation for a new graphical client. OpenJDK will make Apple's Java technology available to open source developers so they can access and contribute to the effort
He then goes on to explain why Oracle has been in talks with Apple for some time and wasn't able to respond when news of Java's deprication broke. The post is followed up with a nice Q&A stating when we might expect to see the first OpenJDK release. He also makes a plea to the community to help in moving the effort forward.
This announcement maybe over due but it's one that should be welcomed from those in the Java community. Note that one of Henrik's comments suggests that Oracle is working very hard to deliver 7 on time so it looks like there is more good news to come.