Wow. It seems Adobe is stopping development of its Flash Player for mobile browsers. The company will reportedly continue to support existing Android and BlackBerry Playbook configurations of the player, but future development will be focused on developing HTML5 and apps.
According to ZDNet, Developers were briefed by Adobe about the situation, which will be expanded upon later today on Adobe's official site:
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.
Adobe earlier announced that it would be laying off 750 employees in a wider restructuring, but didn't specify which departments would be hit.
Update: Here's the official spin-and-damage-control update from Adobe. It reads about as expected: "We were mobile superheroes for offering Flash Player for browsers, but now HTML5 is good enough. We'll be working on apps and stuff—have you checked out Adobe AIR??" And so forth.