Adobe [ADBE] has reported that it expects to see Flash installed on over 250 million devices by the end of 2012. A scaled-down version of flash has been created that allows the software to function on less powerful phones.
Apple’s Chief Executive Steve Jobs has sharply criticized Flash, calling it unreliable and ill-suited for mobile devices such as the iPhone and iPad, raising questions about its security and power-management.
Although Apple [AAPL] has resisted using Flash and instead has promoted the use of the HTML5 standard, companies such as Google [GOOG] are embracing the technology and we will soon see it in Android 2.2 when it launches. [Read more…]