At the Flash On The Beach (FOTB) conference in Brighton, Sr. Director of Engineering at Adobe Systems Paul Betlem, confirmed that Adobe is indeed developing a Flash Player for the iPhone. However, Apple calls the shots as to when it'll be available.
The Town Hall meeting sessions are usually a great source of Adobe information and the one at this years Flash On The Beach conference was no exception. The session was full of nuggets for Flash users, but the most relevant piece of information for others was about Flash Player for the iPhone. Upon a direct question from the audience, Paul Betlem for the first time publicly confirmed that Adobe is actively developing a Flash Player for Apple's popular phone. He said (not direct quote) "My team is working on Flash on the iPhone, but it's a closed platform." He noted that Apple makes all the decisions, so in other words, the ball is in Apple's yard at this time. If Apple says yes, Adobe will have the player available in a very short time.
So if you invest and make yourself as an Adobe Certified Expert (ACE) then you might be in luck because you just might be able to work for either Adobe Systems or Apple Computers.