STM PR
STM does over $8 Billion in annual Revenue. Yesterdays PR indicated over 1,000,000 TPM 1.2 units were shipped in Q2.
The selling price/unit is around $4 in quantities of 10K. The revenue to STM would be around $4 million for the quarter.
In the scheme of things that seems to be nominal to STM, yet it warranted a PR. I welcome the PR, but from STM's perspective it just seems a bit odd to me that it was issued. I don't know what point I'm making, except that from STM's perspective the event isn't very significant, so I guess I am just wondering out loud what the purpose of the PR might be.
Maybe I should just go to bed. Goodnight if anyone is out there.
