Earlier, Adobe shook things up by putting out a press release that said that it was offering a "new version of Adobe Flash Media Server that can now deliver Flash technology to Apple iPhone and iPad devices," when in reality, it is simply allowing its server to handle standards-based HTML5 video as well as Flash video.
A couple of years ago, during a period when Steve Jobs had been criticizing Flash for crashing Apple products, he said the software was buggy and had issues with security, reliability and performance. At the end of a message he wrote in April 2010 called "Thoughts on Flash", Jobs suggested that "perhaps Adobe should focus more on creating great HTML5 tools for the future, and less on criticizing Apple for leaving the past behind," which is exactly what Adobe is doing with today's announcement.
Adobe's new server will help those developers who use Flash grab a new audience of iOS users and also eliminates the need for a Flash plug-in on any platform. Websites built with Flash still will not be accessible to iOS users.
source: Adobe via AppleInsider