An Adobe official has confirmed that Adobe is working on Flash technology for the iPhone, and that the player will be available in a very short time if Apple gives it the OK, according to a report by iPhone Atlas. Adobe already has Flash running on an iPhone emulator.

Andy interviewed Adobe CTO Kevin Lynch about the evolution of Flash at the MIT Technology Review EmTech08 conference last week.

Flash is the most broadly deployed technology on the web today and the Flash Player is responsible for drastically improving the online video viewing experience, according to Lynch. Flash would improve the viewing of web video and rich media pages on the iPhone, so we hope Apple says yes to the technology sooner rather than later.

Adobe will continue working on online video innovations, like text search within video, indexing video with search engines at different time points, and interactivity, Lynch says.

This is the second segment of Andy’s interview with Lynch. Last week we posted an interview about Adobe and mobile devices. Lynch does not address Flash on the iPhone in this interview.

Kelsey Blodget, Associate Producer

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