flash video means proprietary video server software sales for adobe at extremely high prices. H.264/HTML5 means no more adobe server sw. a win for sites hosting video content, a loss for adobe.
on the flash as (web) app dev platform they're really starting to lose ground to Silverlight.
on the mobile front it's no better. they've lost there too. iphone is all 80's style objective-c and wp7 is all SL.
it's LOSE-LOSE-LOSE
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