After three years at the top, Apple has just been pipped by Google as the world's most valuable brand.
Search kings
Google acquired its new lofty title thanks to the BrandZ Top 100 Most Valuable Global Brands study by WPP and conducted by Millward Brown Optimor. One fifth of the entrants are tech companies.
Google is now valued at US$159 billion, and tidy increase of 40 per cent year on year. Conversely, Apple's brand decreased 20 per cent and is currently valued at US$147b.
Making up the top five are IBM (US$107b), Microsoft (US$90b) and Chinese social media network Tencent (US$53b).
Facebook took up seventh spot with a value of US$35b, enjoying growth of 68 per cent.
Social stars
Social platforms are on the rise when it comes to the big bucks. For the first time Twitter and LinkedIn entered the top 100, ranking 71 and 78 respectively.
Australia represent
Four Australian brands also made the hallowed list – Commonwealth Bank, ANZ, Westpac and Woolworths.
CommBank is up four places to 44th position, posting an 18 per cent increase for a value of US$21b.
ANZ remains at 52 with US$19b (a 15 per cent increase) while Westpac moves up three spots to 85 with a 17 per cent increase that puts the brand at US$12b.
Woolworths has slipped two places to take 82nd position.
To find out more visit millwardbrown.com.
If you enjoyed this article then subscribe FREE to the twice weekly SMK Digital Bulletin, click here now or visit www.smk.net.au/subscribe.
Also, click here download a FREE SMK Insghts Program. This FREE programs features 131 must-know social stats covering Facebook, Twitter, LinkedIn, YouTube and Instagram. Keep on top of the latest social facts and figures relating to usage rates, demographics, spending trends, content performance and best practice benchmarks. A MUST for every marketer!
RECOMMENDED FOR YOU
Instagram Introduces Trial Reels for Creative Testing
Instagram has introduced Trial Reels, a feature designed to…
Instagram has introduced Trial Reels, a feature designed to…
LinkedIn Culls Community Top Voices (Gold Badge)
In a move that could reshape how professionals engage…
In a move that could reshape how professionals engage…
TikTok Expands Search Ad Campaigns
TikTok has made a significant move into the world…
TikTok has made a significant move into the world…