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by lbwtaylor
773 days ago
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The calculation is wrong. With daily revenue of $520.4mm, it takes less than half a day to generate revenue of $196mm. It's also a less interesting approach than it would be by looking at profit, which is closer to the real impact. |
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Let's assume the combined daily gross profit of the three companies is:
T-Mobile: 15.5 million (estimated gross margin of 34% on 45.5 million revenue) AT&T: 42.5 million (estimated gross margin of 34% on 125.6 million revenue) Verizon: 121.5 million (estimated gross margin of 35% on 349.3 million revenue) Combined daily gross profit: 15.5 million + 42.5 million + 121.5 million = 179.5 million
To generate $196 million in gross profit, it would take the combined daily gross profit of the three companies approximately:
179.5 million (combined daily gross profit) ÷ 196 million (target gross profit) ≈ 1.09 days