You want to know why Apple’s iPhone doesn’t support Adobe’s Flash Player? According to Steve Jobs, it just isn’t good enough for the iPhone, reports Dow Jones. Jobs believes the current Flash player performs better on larger devices such as laptops, and thus, performs too slowly on the iPhone.

Since the iPhone’s launch last summer, the device hasn’t supported Flash, meaning that iPhone users haven’t been able to view a vast bulk of internet videos on their handsets, as most online videos are formatted for Flash. YouTube is the only online video provider to go out of their way to format their videos especially for the iPhone. The comments are sure to add fuel to Adobe’s ire over Apple’s refusal to support Flash for its iPhone. Last month, Adobe’s chief spokesperson for its internet-based applications Ryan Stewart huffed in his blog, “No one aside from [Apple (NSDQ: AAPL) Chief Executive] Steve Jobs has any idea if or when it’s coming. Everyone I talk to doesn’t know anything.”

But isn’t it really about Flash not being up to scratch? It’s not a secret that Adobe (NSDQ: ADBE) and Apple haven’t always been on the best of terms. A few years ago, Adobe stopped supporting Macs, then introduced products that worked only with Microsoft (NSDQ: MSFT) software. The companies patched things up, but then Apple made some changes that affected the distribution of Adobe’s products.

In other iPhone news, Apple finally commented on its “talks” with China Mobile. News.com reports that COO Tim Cook said that its negotiations with the leading Chinese operator has consisted of “one conversation.” He added that he was sure Apple would be in China one day, but didn’t elaborate on a schedule or partner.

• Adobe And Others Wondering If iPhone Will Ever Support Flash
• Microsoft One Ups Adobe: Silverlight Goes To Nokia Smartphones
• Adobe Upgrades Mobile Flash