I saw news about plans for Creative Suite being able to export to HTML5 months ago. Adobe knows that that Flash is going to lose market share, they're smart enough to see the writing on the wall and prepare accordingly. Their designer tools don't have to be tied to Flash's fate. I think it's beautiful that the same tools can theoretically target Flash Player, HTML5, native iPhone, Android, etc. Everything is just an abstraction to ones and zeroes in the end.

The first effect of Apple's clause has been to brew up a shitstorm among developers who understand how computation works and how arbitrary business practices aren't aligned with technical reality.

I'm no Adobe fan, but give them some credit. They may be influenced by Apple's position, but whatever we're seeing from them now has surely been under development for a long time (i.e. months, not days).