Lots of people think Flash is doomed to be replaced by HTML 5. If so, and Adobe thinks the same way, there's no point in them making a big effort to get Flash accepted on Apple mobiles, they haven't got time to get their money back on any investment they might make.
Whether or not HTML 5 is the replacement, Flash has never been entirely satisfactory. After all, it was only a cute little animation programme originally, filling a gap no-one else did, no way can I see it retaining its present importance. Has anyone tried out Flash CS5, even the demo? As far as I can tell, it's not much different from Flash CS4, while other apps are supposed to have been much more radically overhauled (I haven't had time to try any of them yet). When software is approaching the end of its commercial life, manufacturers stop developing it seriously, that's what happened with WordPerfect all those years ago, and my wife and I suspect it's what is happening with Quark now.
Adobe's conquest to conquer the world has to end somewhere and with Apple its the end of the road. Flash is great in its own right but there are many more emerging technologies that serve us better in todays world. There has always been issues with it somewhere on a certain browser, platform etc.
Agreed Adobe has the buying power to push prices up with the likes of CS etc. But they must not be allowed to force us into using there technology. You Tube is breaking away from it and I wish some other would too.
And in answer to sweetums quote about where Flash will be in three years time. The answer is simple. It will be in a box at the back of the cupboard in Adobe's lab. The end is in sight.