Apple: Coronavirus (COVID-19) Company Impact Report 2020 - Revised Revenue Forecast, Impact Score vs Competitors - ResearchAndMarkets.com

DUBLIN--()--The "Apple: Coronavirus (COVID-19) Company impact" company profile has been added to ResearchAndMarkets.com's offering.

This Coronavirus (COVID-19) company impact report analyses how the pandemic will impact Apple's performance.

Apple's revenue is forecast to fall by 3.8% in 2020 in what would have been a good year for the retailer with significant new iPhone releases planned for September.

Apple has been significantly impacted by COVID-19 in China, initially due to the effect on its supply chain and then due to store closures and weakened demand in what is an important market for the retailer.

Key Highlights

  • Apple's rivals will all fare differently, with competitor Samsung being somewhat shielded from COVID-19's impact on the Chinese market as the country is small market for Samsung and it has manufacturing facilities spread across numerous countries.
  • Apple will suffer from dampened demand due to the impacts of COVID-19, with consumers feeling less financially stable so less likely to purchase an expensive phone.
  • Apple has partnered with Google to develop a contact tracing app, a tool that it hopes will be used by a number of governments around the world to help slow the spread of the virus.

Reasons to Buy

  • Use revised 2020 forecasts for Apple to understand how it will perform this year.
  • Use charts to review how Apple's sales are split by region globally and how these regions have been impacted by COVID-19.
  • Use this in-depth analysis to review how Apple has responded to COVID-19 and how this will affect its performance.

Key Topics Covered

  1. Apple's exposure to COVID-19
  2. Apple's operational responses to COVID-19
  3. Key findings
  4. Key conclusions
  5. Geographic spread analysis - COVID-19 vs Apple Group Sales
  6. Global & regional impact
  7. COVID-19 global impact score for Apple versus competitors
  8. Revised 2020 revenue forecast
  9. Company reaction
  10. Staff and supply chain
  11. Store closures
  12. Supporting governments

List of Figures

  • Spread of COVID-19- confirmed cases, number in treatment, recoveries and deaths.
  • Countries/regions affected by COVID-19
  • Spread of Apple group sales and stores in 2019
  • COVID-19 global impact score for Apple versus competitors
  • Apple global revenue and year on year growth 2015-2020

Companies Mentioned

  • Samsung
  • Google
  • AO.com
  • Amazon
  • Best Buy
  • Dell
  • Dixons Carphone
  • Foxconn

For more information about this company profile visit https://www.researchandmarkets.com/r/9da11t

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900