Adobe makes money off
a) A visual IDE for Flash development - command line compilation is now free.
b) Server architectures for complex callback/relationships with served media.
Both of these things (especially (a)) will be needed for html5 to 'replace' flash, and who do you think is best positioned to have market ready tools for development in these spaces. Actionscript is after all just a flavour of ECMA (as is javascript). Adapting their tools to output to html5 apps would not be a huge undertaking.
If you don't think Adobe is already working on this, then you're an arse.
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Formerly known as Adult Rental Chris
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