Windows Phone Thoughts: Palm For Sale?

"Bloomberg just reported that Palm is putting itself up for sale and that offers will potentially come in this week. That's pretty wild news, considering CEO Jon Rubinstein was adamant just a few days ago that Palm had a plan to get profitable -- even while his company's stock price went on a buyout-rumor fueled rollercoaster."

Given the paucity of product launches and the competition from Apple's iPhone, Google's Android and (maybe) Microsoft's Windows Phone 7, this was perhaps inevitable. Heck, the writing seemed to be on the wall since Palm for the last five years. Thus passes an era in the mobile space, and not for lack of real innovation. WebOS could've been and might yet still be a contender, but Palm's lack of reach and deep pockets makes the company's sale inevitable. What could say HTC or any other buyer do with a ready-made modern OS of its own? I think we're about to find out.