How heavily has the Covid-19 pandemic affected the tech giants?

Technology companies are responding to Covid-19 in many ways, such as restricting employee travel, canceling crowded events, and fighting fake news.

Apple

Apple is being severely affected by Covid-19. In particular, the first iPhone supporting 5G (iPhone 12) of the company will not be available in September as expected but may be delayed for at least a month.

Apple is being severely affected by Covid-19

Besides, a source from Apple retailer in New York (USA) revealed that the amount of iPhone 11 still in stock is very small and the shipments are irregular. This person admits it’s unclear when the supply will return to normal. Earlier, Apple sent a warning to stores about the shortage of replacement iPhones. This is a sign that Covid-19 was affecting the supply chain. This deficiency can last for 2-4 weeks.

In February, CEO Tim Cook told investors that they would not reach their first quarter 2020 target set by Covid-19. This is considered the rare time that the company has admitted that external problems have affected its business situation. The US company now relies heavily on the Chinese factory to assemble phones. The most populous country in the world is also its second most important market after the US.

Motorola

The 2019 Razr, Motorola’s new folding smartphone, has started selling in the US and UK. However, it is facing delays in some key markets like Australia through March. New phones are temporarily delayed when a new pneumonia outbreak, but are now back to normal.

Google

In early March, Google announced that it would not hold the 2020 Google I/O Developer Conference due to concerns about spreading Covid-19. Initially, the event was scheduled to take place in mid-May at the Shoreline Amphitheater in Mountain View, California (USA).

Google postponed some events due to concerns about spreading Covid-19

Here, the search company intends to introduce a range of products such as the next-generation Google Pixel, Nest Hub Max, as well as new features of the Android operating system and advancements in AI. Together with other tech companies, Google also launches some tech promotions amidst the pandemic.

Microsoft

The US software company has no plans to cancel the new Surface launch event (October every year). However, before the pneumonia pandemic tends to be complicated, the company allows employees to work from home until March 25, and forecasts that PC sales will be affected by the impact from the Chinese supply chain.

Conclusions

Despite the heavy affects of Covid-19 pandemic, the top five US technology companies still experienced good growth in the first half of this year. Especially, e-commerce giant Amazon’s revenue increased by 34% over the same period in 2019.

About: Jon Little