An Adobe spokesman would not confirm or deny the rumors, telling Bloomberg that the company had "nothing new to share at this time."
As with Photoshop, both Adobe and Apple have a mutual interest in bringing Illustrator to the iPad. For Adobe, this is another way to stimulate Creative Cloud subscriptions. You may be more likely to sign up if you know you can complete a project on your tablet using an application similar to your computer. Meanwhile, Apple is struggling to position the iPad (especially the iPad Pro) as a replacement for a laptop that can handle demanding tasks. Even if the iPad-born Illustrator has significant compromises, Apple can reap the benefits of enjoying customers who were previously convinced that mobile tablets couldn't handle the heavy creative work.