I think this summary from the Gaurdian sums it up nicely.

Palm

  • Key product Treo smartphone
  • Location Sunnyvale, California
  • Annual sales $1.57bn (£800m)
  • Profits $336m (year to June)
  • Employees 1,103
  • Market capitalisation $1.4bn
  • Shares Down 44% since April

Research in Motion

  • Key product BlackBerry
  • Location Waterloo, Ontario
  • Annual sales $2.06bn
  • Profits $382m (year to March)
  • Employees 4,784
  • Market capitalisation: $24bn
  • Shares: Up 123% since July