Gannett <http://biz.yahoo.com/fin/l/g/gci_ai.html> had a gross profit of $3.0 billion on $6.3 billion sales, a margin of 48%, and net profit of $831 million, 13.1% of sales.
Doug
J Cullen wrote:
>Not to soft-pedal MSFT's greed, but I believe the standard operating
>margin for newspapers even with the current ad slump is 20% -- and
>more like 30% in smaller monopoly markets -- while the rate of
>return for broadcasting companies is 40-plus percent. Check out
>Gannett, Lee Enterprises, even bellyaching Knight Ridder. Publishers
>get fired for turning in 20% profit.
>
>-- Jim Cullen
>
>>For a fine examle of monopolists' rents, take a look at
>><http://biz.yahoo.com/fin/l/m/msft_ai.html>. $7 billion in net
>>profit on $25 billion in sales. Is there any other legal business
>>on earth like it?
>>
>>Doug