Adobe air has been creating buzz about being able to develop flex application in multiple platform pretty similar to Java. Now, with Adobe Air being available in mobile devices, possibility is endless. It will be interesting to see how far this will go. Specially, the devices with lot of hardware like accelerometer, gyroscope, GPS. (Hello Apple, will you someone day support Adobe Air?Ans: No, If you want adobe use Android!)

http://www.adobe.com/devnet/flex/articles/mobile-development-flex-flashbuilder.html

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