In a move that some consider like stabbing one's best friend, Jobs says that Apple is looking for a technology superior to Flash; his comments come as Microsoft wants to challenge Flash with its own rich media platform, Silverlight.
Nokia has struck a deal with Microsoft to launch Silverlight on its popular S60 and S40 Smartphone series by the end of this year.
Apple's CEO argued that Flash was first developed as a desktop-bound application and would simply slow down the iPhone even if it was trimmed down.
But then current smartphones pack more processing power and memory than computers a decade ago; even the iPhone comes with a 620MHz 32-bit ARM 1176 processor flanked by a PowerVR MBX graphic coprocessor - nothing to sniff at.

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