Google Beats Out Apple as World's Most Valuable Brand
The study saw Apple's brand value decline 20%, from $185 billion to $147 billion, while Google saw a 40% increase, from $113 billion to $158 billion. Samsung also grew, going from the 30th most valuable brand to the 29th with a 21% jump, growing from $21 billion to $25 billion.
The big question for Apple, according to Millward Brown, is whether Apple is still redefining technology:
Google has knocked Apple off its perch after three years at the top. Apple is performing well but is it still redefining technology for consumers?Overall, Brown noted that the study, which has four technology brands in the top five, reiterates how integral technology is to the lives of people.
Among other technology brands, Microsoft jumped into the top five with a 20% increase, going from $69 billion to $90 billion, while IBM stayed put at number three with a 4% decrease. The largest increase in technology came from Facebook, who jumped 10 places to 21 with a 68% increase, going from $21 billion to $35 billion.
While "brand value" studies can be difficult to compare, because of the use of differing methodologies used by those who gather the data can lead to much different results, they can be a good look at marketing and branding trends.