Daniel Etherington at GigaOM:
Adobe announced its new Flash Media Server 4.5 late Thursday afternoon, and it’s an iteration Apple device owners should be very happy about. For the first time, Flash Media Server now enables same-source video delivery to both Apple devices and Adobe Flash-compatible destinations. Basically, Adobe is acknowledging Apple has won when it comes to Flash.
This is a huge turn of events in the battle between Apple and Adobe over the relevance of Flash on mobile devices, and possibly the beginning of the end for Flash itself.