No doubt Adobe is making all out efforts to regain its position for flashy apps on web as well as on mobile. Adobe acquired Nitobi, the maker of multi-platform Apps development opensource, PhoneGap. We are using it in myBantu Apps. It pretty good for providing portable App for Android as well as iPhone. It provides an abstraction to call native services and gives a very good experience as Native App without writing it natively.
It is also an validation of HTML5 . When iPhone was announced, Steve Job declared war on Adobe flash by not supporting it and promoting HTML5 instead. Whether it has compelled Adobe or Adobe is seeing the writing on the wall, but Adobe is rapidly positioning its toolsets to provide a leadership in tools for HTML5 based apps.