Magazines and Newspapers are Losing to Mobile

A new study from eMarketer shows mobile devices consume more of our time than reading magazines and newspapers.  Time spent on mobile phones is up 30 percent from last year — reaching a total of an hour per day.  Time spent reading newspapers and magazines is only 44 minutes.

Even though people are spending more time on mobile devices, it remains dwarfed by time spent watching TV and surfing the internet. On average, TV consumes 274 minutes per day and web-surfing consumes 167 minutes. Radio comes in third at 94 minutes per day – a small decrease from 2008.

eMarketer’s data came from sources such as Nielsen (NYSE:NLSN), ComScore (NASDAQ:SCOR), Yankee Group, and Abitron. Time spent doing two activities, such as watching TV while surfing the web, were considered separate.

Here’s how relevant stocks are trading now:

Apple Inc. (NASDAQ:AAPL): AAPL shares recently traded at $378.96, down $9.85, or 2.53%. They have traded in a 52-week range of $310.50 to $426.70. Volume today was 7,549,510 shares versus a 3-month average volume of 18,736,800 shares. The company’s trailing P/E is 13.69, while trailing earnings are $27.68 per share. Get the most recent company news and stock data here >>

Google Inc. (NASDAQ:GOOG): GOOG shares recently traded at $615.29, down $10.34, or 1.65%. They have traded in a 52-week range of $473.02 to $642.96. Volume today was 1,883,364 shares versus a 3-month average volume of 3,157,230 shares. The company’s trailing P/E is 20.97, while trailing earnings are $29.34 per share. Get the most recent company news and stock data here >>

Research In Motion Limited (NASDAQ:RIMM): RIMM shares recently traded at $15.03, down $0.45, or 2.91%. They have traded in a 52-week range of $42.53 to $70.54. Volume today was 10,785,198 shares versus a 3-month average volume of 12,201,500 shares. The company’s trailing P/E is 2.74, while trailing earnings are $5.48 per share. Get the most recent company news and stock data here >>

Nokia Corporation (NYSE:NOK): NOK shares recently traded at $5.01, up $0.02, or 0.4%. They have traded in a 52-week range of $4.82 to $11.75. Volume today was 15,191,428 shares versus a 3-month average volume of 28,963,100 shares. The company’s trailing P/E is 21.14, while trailing earnings are $0.24 per share. Get the most recent company news and stock data here >>

Microsoft Corporation (NASDAQ:MSFT): MSFT shares recently traded at $25.65, down $0.11, or 0.43%. They have traded in a 52-week range of $23.65 to $29.46. Volume today was 19,741,262 shares versus a 3-month average volume of 55,986,200 shares. The company’s trailing P/E is 9.33, while trailing earnings are $2.75 per share. Get the most recent company news and stock data here >>

News Corp. (NASDAQ:NWSA): NWSA shares recently traded at $17.13, down $0.13, or 0.75%. They have traded in a 52-week range of $13.38 to $18.35. Volume today was 9,288,432 shares versus a 3-month average volume of 22,724,800 shares. The company’s trailing P/E is 16.81, while trailing earnings are $1.02 per share. Get the most recent company news and stock data here >>

The E. W. Scripps Company (NYSE:SSP): SSP shares recently traded at $7.78, down $0.22, or 2.75%. They have traded in a 52-week range of $6.36 to $10.56. Volume today was 30,514 shares versus a 3-month average volume of 276,406 shares. The company’s trailing P/E is 370.48, while trailing earnings are $0.02 per share. Get the most recent company news and stock data here >>

Gannett Co., Inc. (NYSE:GCI): GCI shares recently traded at $12.94, down $0.05, or 0.38%. They have traded in a 52-week range of $8.28 to $18.93. Volume today was 1,350,055 shares versus a 3-month average volume of 5,023,800 shares. The company’s trailing P/E is 6.10, while trailing earnings are $2.12 per share. Get the most recent company news and stock data here >>

The New York Times Company (NYSE:NYT): NYT shares recently traded at $7.44, down $0.07, or 0.93%. They have traded in a 52-week range of $5.50 to $11.72. Volume today was 147,376 shares versus a 3-month average volume of 1,819,730 shares. The company’s trailing earnings are $-0.20 per share. Get the most recent company news and stock data here >>

Martha Stewart Living Omnimedia Inc. (NYSE:MSO): MSO shares recently traded at $4.58, down $0.19, or 3.98%. They have traded in a 52-week range of $2.77 to $5.49. Volume today was 398,543 shares versus a 3-month average volume of 312,848 shares. The company’s trailing earnings are $-0.28 per share. Get the most recent company news and stock data here >>