Adobe will finally discontinue support for mobile Flash and there will be no any support of Flash Player on Android 4.1 Jelly Bean which was announced at Google I/O yesterday.However, Flash Player will be available to Android developers in the archive of released Flash Player versions.
Adobe will stop installs from Google Play Store after August 15th but Flash Player updates will be available to devices who have Flash Player already installed.
According to official blog of Adobe-
However, with Android 4.1 this is no longer going to be the case, as we have not continued developing and testing Flash Player for this new version of Android and its available browser options. There will be no certified implementations of Flash Player for Android 4.1.
Adobe has provided list of certified devices who have Flash Player installed to them via manufacturer can access Flash Player on Android 4.0 and earlier versions.Adobe has asked users to un-install Flash from devices which have been upgraded to Android 4.1 Jelly Bean.

Steve Jobs never allowed Flash on iOS devices as Adobe failed to show Apple a working Flash build on iOS.
Steve Jobs in his thoughts on Flash said that -
We have routinely asked Adobe to show us Flash performing well on a mobile device, any mobile device, for a few years now. We have never seen it. Adobe publicly said that Flash would ship on a smartphone in early 2009, then the second half of 2009, then the first half of 2010, and now they say the second half of 2010. We think it will eventually ship, but we’re glad we didn’t hold our breath. Who knows how it will perform?
New open standards created in the mobile era, such as HTML5, will win on mobile devices (and PCs too). Perhaps Adobe should focus more on creating great HTML5 tools for the future, and less on criticizing Apple for leaving the past behind.
Sad news however i do hope that this development continues knowing Mr Google might just have some plans on android 4.1
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