Flash for desktops is continuing unabated, so a lot of the panic surrounding the abandonment of mobile Flash seems overblown to me. There are things it's more difficult to do without Flash, granted, but for the most part, I think folks who want to do those things--games, especially--are better served with "native" mobile apps.
Adobe has just announced that it is ceasing development of Adobe FLEX in house and turning that over to the open source community, though, and people are getting upset about that. FLEX is a tool for building apps using Flash, and a lot of (well, okay, SOME) business app developers use it to build business apps that run over the Web. And, naturally, rely on Flash to function.
I personally wonder whether Adobe's turn away from FLEX signals that Flash is in for a long, cold winter.
