Adobe (NSDQ: ADBE)'s Flash technology has long played a major role in delivering compelling graphics online, but a shadow now hangs over its future as powerful technology companies--Apple, Google (NSDQ: GOOG), and Microsoft (NSDQ: MSFT)--and open source organizations like Mozilla work to make Flash unnecessary.

At least, that's the way some view the situation, although as one might expect, Adobe sees things differently.

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