According to a Bloomberg report, iPhone users can expect to see some better Flash in the future. The announcement came from Adobe CEO Shantanu Narayen.

Speaking to Bloomberg, he had this to say, “It’s a hard technical challenge, and that’s part of the reason Apple and Adobe are collaborating…The ball is in our court. The onus is on us to deliver.”

Adobe Flash is available on many different cellular handsets, but the iPhone uses Flash Lite. Steve Jobs called out Adobe earlier in the year, wanting a better version of Flash on the iPhone. He then challenged Adobe to release a third version of Flash that could run on the iPhone.

It looks like Jobs could be getting his wish. The only question left is, ‘how long will it take?’