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22 May 2013 - 07:25 AMT

Apple, Google named most valuable global brands

Millward Brown Optimor has released its annual BrandZ list of the most valuable global brands for the year, and Apple and Google are in the top slots, with the former coming in at #1 and the latter at #2, SlashGear reports.

On top of that, comparing the numbers, both companies saw an increase in brand value over 2012, while IBM – which came in third on the list – saw a decrease in value.

Apple’s 2013 brand value was pegged at $185,071, a 1-percent increase over 2012′s $182,951. Google came in a fair bit lower at $113,669 for 2013 and $107,857 in 2012, a 5-percent increase. Though lower, Google saw the bigger increase in global brand value over the year. IBM, which came in at third, has a 2013 brand value of $112,536, a 3-percent decrease over 2012′s $115,985.

Apple held its position as number 1 on the list, having been in the same slot last year. Google, however, jumped a ranking, bumping the value-suffering IBM from second place to third, and taking Google from third to second. Fourth on the list is McDonald’s, which was in the same slot last year. The next big change is seen with Microsoft, which was #5 last year, and is #7 this year.

BrandZ’s Director Peter Walshe commented, “Apple's brand value only increased by 1 per cent this year but it still holds the record for the most valuable brand. And it leads by a long way. The next brand in the ranking, Google, is worth $113.7bn [reversing a 3 per cent decline last year to a 5 per cent gain] so Apple is $71.4bn ahead – nearly the value of Coca-Cola, which just shows how strong, powerful and meaningful that brand is.”