Adobe has once again announced that they are working on Flash for the iPhone. In the past they have gone back and forth between we are doing it and we can't do it etc. so who knows if they are serious or not this time around.
At this years On the Beach conference during the Town Hall meeting sessions Paul Betlem, Sr. Director of Engineering at Adobe Systems, answered a direct question by the audience concerning Flash on the iPhone.
His response was some along the lines of "My team is working on Flash on the iPhone, but it's a closed platform." Hopefully they are really working on this and plan to go back to Apple for approval of whatever they come up with sometime