"It's the end of an era as Adobe has confirmed that it will no longer be developing its Flash Player for mobile devices. Instead Adobe will be focusing on HTML5 and Adobe-AIR native apps for the major mobile platforms. Adobe's VP Danny Winokur explained the decision:
Our future work with Flash onmobile devices will be focused on enabling Flash develoeprs to package native apps with Adobe-AIR for all major app stores. We will no longer continue to develop Flash Player in the browser to work with new mobile device configurations (chipset, browser, OS version, etc) following the upcoming release of Flash Player 11.1 for Android and BlackBerry PlayBook. We will of course continue to provide critical bug fixes and security updates for existing device configurations. We will also allow our source code licensees to continue working on and release their own implementations. " via mobile-review.com