Thursday, January 24, 2013

By the numbers | Apple's stock vs. Gannett's

[Updated at 10:45 a.m. ET Jan. 25 to correct gain-loss percentages and update p/e's through this morning's trading.]

Here's a measure of how much Wall Street has beaten up shares of Apple over the past three months, as the company's stock plunged from a record high $705 to today's close of $451 a share:

Gannett is now considered more of a growth company than the once high-flying maker of iPhones, iPads and other tech gadgets, according to a popular measure of stock prices.

The measure is the price-to-earnings ratio, or P/E. In general, a high P/E suggests investors are expecting higher earnings growth in the future compared to companies with a lower P/E, according to Investopedia.

Key performance numbers, based on today's closing prices:



decline in AAPL's price, last three months

increase in GCI's price, last three months

[Data: Google Finance]


  1. Lets keep things in perspective here:

    TODAY, Apple's price dropped $63, a drop in market cap of just under $60 billion. Apple also pays a dividend of $10.60/year, meaning the company returns $10 billion A YEAR to stockholders.

    TODAY, Gannett's market cap is $4.7 billion. GCI pays a dividend of 80 cents a year, meaning the company returns $184 million a year to stockholders.

    In other words, every six months, Apple pays out enough money to buy EVERY outstanding GCI share, with enough left over to pay disability retirements to Gracia and Maryam if they both slip getting off the plane in Davos.

    1. It's comments such as this that make wish there was a "like" button.

    2. Gannett has far more apple polishers.

    3. Just nine years ago Gannett was still bigger than Apple. Now Apple has enough CASH to cut a check tomorrow for a couple of dozen Gannetts.

    4. Jim is a knob polisher.

  2. OK, feet held to the fire, who are you betting on for future success and longevity...Gannett or Apple?

    Enough said.


Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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