If web developers must make non-Flash implementations of everything, why bother making the Flash versions at all? This isn’t just the death of mobile Flash: it’s a confirmation from Adobe that all Flash is on its way out.
Adobe’s management is also being pragmatic about its priorities. Rather than fight a losing battle for a particular runtime, Adobe can focus on what it does best: making tools for creative professionals.
Whether those tools build Flash or HTML apps shouldn’t matter: they should build what creative professionals need to build, and these days, that’s native mobile apps and HTML5 web apps.
[I, for one, will not miss it, though I suspect that it’s HTM5 brethren will visually clog pages just as badly. But maybe, some lessons have been learned…]