Well, looks like Jobs called it.
Adobe has announced that Flash for Mobile browsers will not be developed any further. HTML5 is the way forward.
Some of the pundits will no doubt call this a win for Apple, but I think it's really a lesson in putting all your eggs in a single company's basket.
Adobe says that they will continue with Flash for PCs, but over the next few years, most of the browsing will be done on mobile devices (if it's not already), so what's the point.