"Lots of stocks have seen their share prices rise quickly over the past few years, but two well-known stocks -- Apple and SiriusXM -- have unfortunately been laggards. Apple's stock is up 40%, and SiriusXM's stock is down about 60% over the past three years, compared to the S&P 500's gains of 60%. Some investors have clearly lost faith in these companies, but if you were choosing between the two, which one is the better buy?"
"Things have not been going well for SiriusXM for a while, and the latest quarter continued that trend. For example, SiriusXM's earnings declined 23% to $0.57 per share in the second quarter (which ended June 30), and its sales fell nearly 2% to $2.1 billion. One of the key problems for the company is its falling subscriber numbers. SiriusXM ended Q2 with 32.8 million subscribers, a decline of 1% year over year."
Apple's stock rose about 40% over the past three years while SiriusXM's stock declined roughly 60%, versus the S&P 500's 60% gain. SiriusXM reported a 23% drop in earnings to $0.57 per share and a near 2% decline in sales to $2.1 billion in Q2. SiriusXM's subscribers fell to 32.8 million, down 1% year over year, and subscription revenue declined almost 2%. Advertising sales also slipped 2.5%, missing growth in the broader digital audio ad market. Apple has struggled to capitalize on the AI boom and stumbled with its Apple Intelligence rollout, limiting near-term upside.
Read at The Motley Fool
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