PALM, which isn't doing well in a phone market now that it includes the iPhone, just lost the brains behind its WebOS. Presumably, its plans to retake quality rankings will be fumbled by the B-team. Around the same time, PALM has had to pay $250K each in cash to retain both its global operations chief and its CFO. The rest of the executive team is being hosed down with PALM shares to prevent departures.
Investors: PALM is sinking, run for the hills!
In other news: Apple continues to benefit from high-profile unpaid product placement, which now includes its just-launched iPad.