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It's interesting that many find the English subjunctive hard to parse. I think in a generation or two it will will not be seen in contemporary prose.

Thanks for clearing it up guys, I misread about 3 times in a row.

It parses okay for me, though a comma between "work together" and "as we are" might help.

"If Apple worked with us, as a number of other partners do, we could provide..."

I makes total sense. Shall I reword it slightly for you?

Were Apple and Adobe to work together, as we are with a number of other partners, we feel confident that we could provide a terrific experience with Flash on the iPhone, iPad and iPod touch

The original statement is missing a comma after "that"

Yeah, it's a terrible sentence. First they're "we," then they're "Adobe," then they're "we" again, and while you were distracted by all that, behind your back they snuck in "as we are [working]" when they meant "as we do."