Earlier quoted context omitted.
Apple has done this twice already. 680x0 to PowerPC, then PowerPC to Intel. Adobe's come along on both of these.
Those changes were all to more powerful processors such that emulating the old architecture wouldn't be that bad. In this instance, Apple would likely be going to a less powerful processors and thus emulation at any reasonable level of performance wouldn't be that viable.
Apple would not be making this switch if they didn't think they could improve performance.