Flash Player 11.4, AIR 3.4 out; Flash Builder 4.7 Coming Soon
This is the third release (after 11.2, and 11.3) according to the Flash Platform Roadmap released by Adobe a couple of months back, and things seem to be going mostly by the roadmap.
flash player 3d
Adobe Reveals Flash Premium Licensing Details
Even as Flash recedes from the mobile space, Adobe is charging on with Flash as a gaming and premium video platform.