What will Adobe’s response to the Mac App Store be?

Apple’s Mac App Store takes dead aim at Adobe
[Via MacDailyNews]

Apple’s launch of the Mac OS X App Store appears to be an instant success…

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So, Aperture is now on the Mac App Store for almost 1/3rd the cost of the equivalent Adobe application. And Pixelmator for $29.99 does much of what Adobe Photoshop Elements (about $80). Apple is slowly killing Flash. iMovie for $15 versus Adobe Premiere Elements for $80.

As good or better products for much lower prices. Will Adobe start cutting its prices? Offer better bundles?

I expect it will do what it has done the last decade or so – buy some other company’s technology and try to market that.