Lex/OS to drive record profits
The imminent launch of the Lex/OS operating system has investors anticipating one of the biggest quarters from LexCorp in years. “After multiple quarters of stagnation in its share value, this could be just the boost that LexCorp needs to reinvigorate investor interest in the company,” says financial industry expert, Benjamin Smithson. Analysts expect results for the fiscal quarter to set a number of company records for LexCorp. The company is widely expected to post revenue of $65.5 billion with a net quarterly profit of $16.5 billion, compared to revenue of $52.0 billion and net quarterly profit of $9.6 billion in last year’s quarter. LexCorp currently holds $280 billion in cash and marketable securities. The popularity of the Lex/OS operating system has yet to be seen, but LexCorp has reported that they expect up to 100 million installations by the end of this year, and says it could see 1 billion users by the end of next year. While it is estimated that LexCorp will spend more than $800 million on advertising for the launch, the numbers show that the company’s investment could be well spent. The Lex/OS product alone is expected to contribute more than $5 billion in company revenue. According to LexCorp’s chief financial officer, the company anticipates “continued growth and profitability through the end of next year,” only alluding to the new operating system while emphasizing strong results in LexCorp divisions such as biotech and data mining. Reports of exclusive government contracts provide more reasons for optimism. “I’m proud of LexCorp’s employees and excited for the future of our company,” said CEO Lex Luthor. “At LexCorp we believe in technology that unites us, and believe that we can all come together to create a greater tomorrow.”