Lightroom for Mobile Devices

A post on DPReview http://www.dpreview.com/news/2014/01/18/adobe-leaks-lightroom-mobile-app indicate  the mobile version of Lightroom will be released soon.  The price point is what I find bothersome.  An annual subscription of $99 or about $9 a month after adding taxes.  Not sure if a non-cloud based License will be available or will the cloud subscription be the only option.  Mobile apps range from $0.99 to under $50.00 and most are upgraded at no additional charge.  Adobe appears to have its sights on a different pricing model.