This year Google has achieved its 1st rank in domain of world’s most valuable brand. As per the new study which reveals, Google is now most valuable brand which was maintained by Apple since year 2011. It is great win as competing Apple, a top ranker for past 5 years continuously , it commendable achievement.
In Brand Finance‘s report as per the annual ranking of brands, Google’s financial value increased to very large number that is $109.5 billion last year which reveals growth of 24%. While Apple financial value came down from $145.9 billion to $107.1 billion.
As per report Apple could not maintain technological advantage Also Apple was unable to make good revenue from other products like the Apple Watch.
In case of Google, the company mainly benefited from increased revenues in achieving the Top rank. The list includes 500 Top Brand. Amazon scored third rank in the series with $106.4 billion, while AT&T gets 4th Rank and Microsoft spotted at 5th Rank.
On 6th Rank, Samsung and Verizon holds 7th Ranking. In first 10 ranking, Walmart, Facebook and ICBC are in order of 8th, 9th and 10th.