If you guys think that HTML5 has any chance to be a serious competition to Adobe you are on for a trip beside being delusional.
Apple has never shown any serious ability to produce software, all they do is to buy third parties. Meanwhile Adobe has ruled the creative market for decade and has some of the best software rocket scientists on the planet.
HTML5 is an embryo that Steve Jobs shove in your throat to protect the AppStore. Who would buy all those ridiculous apps if Flash was on iPhone and users could just browse to it. Only iPhone users spend that much money for nothing.
Also, HTML5 is an absolute mess! Video is a mess, audio is a mess, the implementation is left to the browser and anyone who bet on HTML5 will soon be crying while the giants manipulate the standard to accomodate their own agenda. Did I say as a Flash developer I never, ever have to check my app on other browsers and OS?
Also, HTML5 is a standard what that means is that it takes years to implement anything considering that Apple, Adobe, Google and many others, all competitors of each other have all to agree before HTML5 makes one step. Meanwhile, Adobe has proven itself capable to deploy breakthrough in a matter of weeks or months, as it did for every single Apple's criticism.
Full Flash Player for mobile, done. Hardware acceleration even on Mac, done. New video API with 10x better performance on all OS, done.
Here some resources for you:
New Flash 10.2 to see 10x improvement in performance:http://www.youtube.com/watch?v=geK7geL3I40
Top CEOs Advocate for Adobe Flashhttp://www.youtube.com/watch?v=_CwI227m-hs