What you need to know
- Apple is now the most valuable brand in the world, passing Amazon for the first time in five years.
A new report says that Apple has passed Amazon to become the world's most valuable brand for the first time in half a decade.
A new report today from Brand Finance states:
The news comes hours ahead of Apple's earnings call for Q1, where it is widely expected to announce earnings of more than $100 billion. Brand Finance Americas MD Laurence Newell stated:
By comparison, Amazon's brand "only" grew in value by 15% to $254.2 billion thanks to a surge in demand for its products and services due to stay-at-home measures the world over.
In third sits Google with an estimated brand worth of $191.2 billion and growth of 1.4%, and in fourth is Microsoft with a brand value of $140.4 billion, up 20% on the year.
The report notes that technology and innovation have helped to drive some of the world's largest brands including major tech companies.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9