This is interesting: Apple is still down on Flash for the iPhone. Here's what Jobs has to say about it, via Fortune:

As Jobs put it Tuesday, Apple's iPhone, with all its cutting-edge mobile Internet trickery, needs something much better than the current Flash player that Adobe makes for cellphones. The Flash Player option that fits the bill is made for devices like laptops that are larger than the iPhone; as a consequence, it performs too slowly on the iPhone, he said.

"There's this missing product in the middle," Jobs said.

There's a whole backchannel conversation between Apple and Adobe we aren't seeing - at least that's my guess. In the abstract, Apple should want Flash to work on the iPhone - it's kind of a no-brainer. So what's going on here? Does Flash performance on the iPhone suck for a specific reason, or is there some business level thing going on?

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