Originally Posted by lordikon
14.8 trillion / 124.280 billion =
14,000,000,000,000 / 124,280,000,000 = 112.64
So it would be roughly 1/113th of the GDP. Also, income isn't the same as profit. Nevertheless I agree completely that the data caps are unnecessary from a profit standpoint, they could be required due to network capabilities, which it doesn't seem AT&T is in a hurry to fix, which is understandable given how much money they're making off their data caps.
This also isn't right because as others have stated, revenue =/= profit.
GDP is calculated one of two ways, but the method you guys are thinking of is proabbaly the income approach (wages +profit
+rents+interests-depreciation - indirect taxes).
AT&T also only have revenue of $35 billion, $12.5 billion net income (aka profit) per their 2010 Annual report (latest available).
US GDP during that period was $14.1 trillion
Assuming there was 0 depreciation and indirect taxes (in actuality was probably well over 2 trillion), the % of GDP attributed to AT&T was $12.5 billion/$14.1 trillion= 0.09%.
So yea, AT&T doesn't actually have anywhere NEAR the sort of impact you guys are thinking.