During an Apple shareholders meeting held on March 4, Steve Jobs pointed out that the Adobe Flash player on both Macs and PCs is too slow to be useful on the Apple iPhone. Well, it looks like Adobe has plans of changing the situation.

Adobe's company chief executive Shantanu Narayen has announced that they are currently working on a Flash player specifically for the Apple iPhone. He said that it looks possible for the Adobe developers to create a flash player with the Software Development Kit (SDK) that Apple recently released.

Adobe hopes to introduce this product via Apple's App Store which is slated to open in June.  This is good news for iPhone users everywhere. If this project pushes through, then we will undoubtedly be seeing more interactive content for the said handheld.