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The company's chief executive Shantanu Narayen revealed this week that the ubquitous web media format is running on a software emulator of Apple's smartphone.

"We have a version that's working on the emulation," he told a conference call with analysts. "This is still on the computer and you know, we have to continue to move it from a test environment onto the device and continue to make it work. So we are pleased with the internal progress that we've made to date."

Whether Apple will permit Adobe to move it onto the device is another matter. It convinced Google to drop Flash for the iPhone's YouTube application, and has shown no signs that it wants the plugin, which can consume not insignificant quantities of processor power, memory and bandwdth.