Palm is running a new print ad that takes aim at the Apple iPhone. The ad shows an open Palm Pre resting against an already eaten Apple.

The ad reads “Your iPhone contract is up. Perfect timing.” The ad then goes on to talk about the lack of multitasking on the…

Palm and network operator partner Sprint (NYSE: S) have leveled their sites directly onto iPhone users. The new ad reads, in part, “Your iPhone contract is up. Perfect Timing.” Next to these words is a picture of the Palm Pre resting against an eaten Apple.

It’s a bold ad that echoes words…