I don't know where you got the impression that this was Apple-bashing. They failed to make the connection with other platforms but in my view the Apple bashing was all in your mind.
You haven't really thought about this issue in any depth, have you? Still. I'm glad you got that impulse to comment on something you don't really care about out of your system.
I would argue that support for indexed images!=lossy compression. You are passing an already altered image to the compressor. It's the color reduction that introduces the loss, not the file format's compression.
Why do we need it? PNG is lossless and unsuitable for photographic compression. JPEG is lossy and therefore capable of much better compression ratios on photos or similar images but is based on rather dated techniques.
Jeagoss writes: CyanogenMod is the leading open source replacement ROM for Android based phones. With the 6.0 release, a targeted 8 models of phones have been hit with version 2.2 (Froyo) of Google's Android operating system for mobiles. Have a rooted phone? Been wanting a reason for rooting your phone? Head on over to http://www.cyanogenmod.com/ and check out the forums. I think you'll be quite surprised.
If you devote more than half a braincell to it then I am afraid it doesn't. I'm sorry you feel so jaded today but may I suggest taking up caffeine again?