Google releases Swiffy, for Adobe Flash-to-HTML5 in a jiffy
There is already support for vector graphics, embedded fonts, images and timeline animation, all waiting to be moved into an iPad or iPhone-friendlier format, but for Flash-based games you will have to wait.
After all, Swiffy is not even a Google beta endeavor, it's still in the Labs, and has been started as a project of the engineering intern Pieter Senster, who was looking for a quick way to convert Flash ads for devices like the iPhone and iPad. There are a few examples of Swiffy in action on Google's page for the project, so hit the source link if you are interested.
source: Google via Wired