The annual study commissioned by British advertising and public
relations company WPP and carried out by Millward Brown Optimor
) has overtaken
) as the world's most valuable brand.
Google's year of innovation included Google Glass, investments
in artificial intelligence and broader application of Android
across new platforms like automobiles. Apple has been doing its
bit, but stronger expectations surrounding the iPhone maker led to
a decline in its perceived value.
The last few years have seen Apple revolutionizing the way
people listen to music (iPod), the way they communicate (iPhone)
and the way they compute and consume digital content (iPad). This
led to expectations that it would also be the first to announce the
next big thing in technology.
This is where Google beat it to the punch with Glass. No one
really knows how successful Glass will be and the device has been
pretty controversial so far. But just the fact that Google was able
to announce it helped build its image as an innovator.
Announcing an unfinished product is not really Apple's style. So
while the company has taken patents and made acquisitions that
indicate it is developing wearable technology of its own, its
efforts have not made the news as much. Apple needed to announce
wearable technology first in order to stay ahead.
But the ultimate impact of brands to investors is their ability
to translate to revenue and profits. And this is an area where
Apple has excelled. All its major innovations have been successful
and revenue growth remains strong despite market share losses.
Google's Android OS is everywhere, but the company isn't really
a devices name yet. This year could see some changes if Glass takes
off as promised because Glass seems to have played a major role in
Google's capturing mind share.
Strong brands overall have played a role in the economic
recovery, with a majority of them remaining in the top 100 post the
recession. Some technology companies, such as Tencent and
) saw phenomenal growth over the past year, with others like
) and LinkedIn breaking into the top 100 for the first time. The
top four brands were in technology and technology accounted for 29%
of the top 100 brand value.
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