Google Labs just rolled out a new product aiming to remedy the issue Flash and mobile platforms iPhone and iPad. Swiffy allows you to convert your Flash swf files to HTML5 how cool is that. Currently it supports some basic animation and actionscript 2.0 complex scripting like games are still not that supported though. Flash 5 have the best results.
What does future of Flash Player hold? I expect Google and Adobe collaboration effort to come up with a new version of Flash exporting HTML5 and maybe the swf support for Flash Player being pushed further in the background. Check out Swiffy on the source link below.