Jaspal Sohal (CEO) Multidmedia, a company whom own the software "Zinc" has made some official comments on where they sit against Apollo.

We can't be certain at this point on which of the two are better, as Apollo is still in alpha. Yet, if the race were to be called tomorrow, I must admit I'd go with Zinc simple for its features and maturity. I've used Zinc for years when it had it's former name, so I'm also probably biased.

You make your own decision though (personally Peps vs Coke argument mostly)

Apollo is a cross-OS runtime that allows developers to leverage their existing web development skills (Flash, Flex, HTML, Ajax) to build and deploy desktop RIA’s."

Within the Flash Community, this has naturally raised questions about the impact Apollo will have on Zinc. Well, the answer to this question is actually in Adobe's own description of Apollo. Many designers and developers have been under the impression (and many still are!) that Apollo is a "SWF2EXE" tool which creates standalone Projector files in the same way that Zinc does. This is not true.

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