Apple Overtakes Coca-Cola as World’s Most Valuable Brand
Source: Bloomberg
Apple has unseated Coca-Cola as the worlds No. 1 brand, as the company founded by Steve Jobs is a leader in design and performance, according to a study of the Top 100 brands by Interbrand Corp.
Apple Inc.s brand value jumped 28 percent to $98.3 billion and Google Inc.s rose in second place at $93.3 billion. The Coca-Cola Co. name slipped from the top spot after 13 years to third place at $79.2 billion.
Every so often, a company changes our lives -- not just with its products, but with its ethos, Jez Frampton, chief executive officer at New York-based brand consultancy Interbrand, said in a statement. Current Apple CEO Tim Cook has assembled a solid leadership team and has kept Steve Jobs vision intact -- a vision that has allowed Apple to deliver on its promise of innovation time and time again.
The annual study, closely watched by the industry, determines a brands value by examining its financial performance, role in influencing consumer buying and ability to secure earnings. The Top 10 is rounded out in descending order by IBM, Microsoft, GE, McDonalds, Samsung, Intel and Toyota. The 100 have a combined value of $1.5 trillion, an 8.4 percent increase from last year.
Read more: http://www.bloomberg.com/news/2013-09-30/apple-overtakes-coca-cola-as-most-valuable-brand-study-finds.html
AgingAmerican
(12,958 posts)....forced to build these products for 50 cents an hour in China.
BuddhaGirl
(3,603 posts)she ended up quitting because they pushed, pushed, pushed her and others in her group with no respect for their lives outside of work.
Slave drivers, she called them.
we can do it
(12,184 posts)She and others in her group are pushed, pushed, pushed with no respect for their lives outside of work and no overtime.
That's how corporations treat their employees. It's not just Apple, FFS.
BuddhaGirl
(3,603 posts)because that was the topic.
Have a chill pill
we can do it
(12,184 posts)Spitfire of ATJ
(32,723 posts)savalez
(3,517 posts)That's very patriotic of them. I'm glad not a single penny of it is from me.
onehandle
(51,122 posts)Then due to their many, many patents, you have given them money.