With this first realization of the Open Screen Project, we have been working internally and with our partners to produce Flash Player 10.1 for Palm webOS, Google Android, Nokia Symbian, and Microsoft Windows Mobile operating systems. On these devices, you will be able to install and update Flash Player and view SWF content in the browser, just as you would on the desktop.

全文：http://www.adobe.com/devnet/logged_in/jchurch_flashplayer10.1.html
Flash Player 10.1：http://labs.adobe.com/technologies/flashplayer10/

看起来应用到手机等移动设备还有一段时间。