Flash? Sure, HTML5 can replace many uses of Flash. But HTML5 is no competition for an app store. Apple's App Store has value in two ways: (1) for developers it's an easy way to pull money from consumers with a mere password entry (i.e. no email, address, CC number, etc. entry). (2) For consumers, it allows easy discoverability of nominally safe applications.
The technical side of having APIs to draw things on the screen are very minor hurdles compared to the social hurdles that the App store has overcome.
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Flash? Sure, HTML5 can replace many uses of Flash. But HTML5 is no competition for an app store. Apple's App Store has value in two ways: (1) for developers it's an easy way to pull money from consumers with a mere password entry (i.e. no email, address, CC number, etc. entry). (2) For consumers, it allows easy discoverability of nominally safe applications.
The technical side of having APIs to draw things on the screen are very minor hurdles compared to the social hurdles that the App store has overcome.
The translation for App Store appears to be 'native apps'.