The iPhone does a lot, but it doesn't do Flash. This is a big weakness for the device that promises the entire internet in your pocket because Flash is pretty popular on the web these days.
The reason? According to Steve Jobs, Adobe's Mobile Flash just isn't good enough.
The program performs poorly on the iPhone and Apple would likely rather have no Flash than slow Flash.
The SDK news hits tomorrow, but don't expect Flash support. Sad face.
CNNMoney.com: Adobe's Flash Player Not Suited For IPhone, Apple CEO Says
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