A leaked Adobe document obtained by ZDNet indicates that the company plans to cease development for Flash Player for mobile browsers. Choosing to focus more heavily HTML5, mobile applications, and desktop content, Adobe promises they will continue to support Android configurations with updates and bug fixes.
Our future work with Flash on mobile devices will be focused on enabling Flash developers to package native apps with Adobe AIR for all the major app stores. We will no longer adapt Flash Player for mobile devices to new browser, OS version or device configurations. Some of our source code licensees may opt to continue working on and releasing their own implementations. We will continue to support the current Android and PlayBook configurations with critical bug fixes and security updates.
It is expected that Adobe makes a more formal announcement in the coming days, likely with a blog post and/or press release.