Well, it’s not true at all, but it’s something like that ( they enabled this by using the Low Level Virtual Machine (LLVM) compiler infrastructure).
With the upcoming Flash CS5 we will able to create iPhone applications using Actionscript 3 and the Flash IDE (Flash CS5)!
It also seems that in the future it will be possible to compile iPhone apps using the free flash compiler.
We won’t have flash iphone apps, but native iphone applications:
iPhone applications built with Flash Platform tools are compiled into standard, native iPhone executable packages and there is no runtime interpreter that could be used to run Flash byte-code within the application.
Most of the Flash Player 10 and AIR 2.0 APIs will be available, so for instance: pixel Bender filters and also dynamically loading SWFs that contain ActionScript (but the Actionscript will be ignored since there’s no flash VM in the iphone).
We won’t be able to test our apps using the Mac iPhone simulator. And we cannot use the iPhone controls with actionscript.
Read original entry here:
Read the developers’ FAQ: