New York: Global technology major Apple is the world's most valuable brand followed by Microsoft, Coca-Cola, IBM and Google, according to Forbes.
Apple has topped the 'World's Most Valuable List' compiled by 'Forbes' magazine with a brand value of USD 104.3 billion, nearly double than the other technology major Microsoft which has a brand value of USD 56.7 billion.
"... The Apple name is as strong as ever. Apple is the most valuable brand in the world for a third straight time at USD 104.3 billion, up 20 percent over last year. It is worth nearly twice as much as any other brand on the planet by our count," Forbes said.
Meanwhile, Microsoft's brand value has remained flat over the past three years, as Microsoft struggles to make the transition from PC to the mobile world, Forbes said.
"Growth has slowed, but it is still one of the most profitable brands in the world with operating margins of 34 percent in its latest fiscal year," it said.
With a brand value of USD 54.9 billion, Coca-Cola was ranked third in the list, followed by IBM (USD 50.7 billion), Google (USD 47.3 billion) which make up the top five.
Among the top 10 brands, McDonald's, with a brand value of USD 39.4 billion was ranked sixth, followed by General Electric (USD 34.2 billion), Intel (USD 30.9 billion), Samsung (USD 29.5 billion) and Louis Vuitton (USD 28.4 billion).
Brands from US-based companies make up just over half of the list of 100, with the next biggest representation from Germany (nine brands), France (eight) and Japan (seven). No Indian company features in the list.
Technology brands are the most prevalent with 19, including six of the top 10.
Samsung, which came at No.9, had the strongest one-year gain of any brand in the top 100, up 53 percent to USD 29.5 billion. The company's value soared 136 percent over the past three years.
"Sales for Samsung's Galaxy S4 smartphone have been on fire and the company also benefits from its market leading position with memory chips," Forbes said.
However the value of a brand can collapse in the complex, fast moving technology world, Forbes noted.
Forbes had valued the Blackberry brand at USD 6.1 billion last year, but this year it stood at just USD 2.2 billion and has come out of the top 100 brands list.
Similarly, three years ago, Forbes had deemed the Nokia brand worth USD 27.3 billion, ninth highest in the world, while today it is worth just USD 7 billion, which ranks the company at the 71st place.
Forbes valued the brands on three years of earnings and allocated a percentage of those earnings based on the role brands play in each industry. The 100 most valuable brands span 15 countries across 20 broad industry categories.
First Published: Tuesday, November 26, 2013, 17:32