Microsoft licensed Flash Lite 3 and Adobe Reader LE for the operating system Windows Mobile. That is a great news for all Flash Lite developers and users with a mobile which runs on Windows Mobile. Processors on mobile machines are getting faster, so hopefully in the future we can expect a lot of cool applications including Flash video on this platform.  Currently Flash Lite has a growth of 150 percent per year. I think this news should encourage Apple to bring Flash Late to the iPhone.