Predicted financial impact of the coronavirus (COVID-19) on technology companies 2020

This statistic covers companies that have announced the impact they expect the coronavirus (COVID-19) to have on key financial performance indicators, and will be updated as more information becomes available. Many large technology companies have not provided detailed guidance on the expected impact. Microsoft, for example, declared in their FY20 Q3 earnings presentation that COVID-19 had minimal impact on its earnings to the end of March 2020, and that "the effects of COVID-19 may not be fully reflected in the financial results until future periods."

Technology companies that have provided guidance have stated they expect a reduction of anywhere from 30 and 80 million U.S dollars, while Apple's FY20 Q2 earnings were 4.7 billion U.S. dollars lower than the lower end of the guidance provided on January 28 2020. Logitech adjusted their profit outlook as a result of the coronavirus (COVID-19), to $365 million to $375 million in non-GAAP operating income, versus its previous guidance of $375 million to $385 million.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Expected financial impact* of the coronavirus (COVID-19) on selected technology companies 2020

Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in

Release date

April 2020



Survey time period


Supplementary notes

*All figures reflect the expected revenue reduction with the exception of Logitech. Logitech expect a 10 million U.S. dollar reduction in non-GAAP operating income in fiscal year 2020.
**Apple's figure based on guidance issued on January 28, 2020 for expected earnings of 63 to 67 billion U.S. dollars in FY20 Q2, compared to the actual earnings of 58.3 billion U.S. dollars. Companies included in this statistic are those that have announced the impact they expect the coronavirus (COVID-19) to have on key performance indicators. Where ranges of expected reductions were initially published, the upper end of the range has been used.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 / Month *
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Coronavirus: Impact on the tech industry worldwide"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.