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Tuesday, 22 May 2012 - Apple still dominates world's top brands: study |
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See the best of Reuters photography.  See more | Photo caption  Quake in Italy A strong earthquake rocked a large swathe of northern Italy.  Slideshow  Anti-NATO clashes Police officers and protesters clash outside the NATO summit in Chicago.  Slideshow  Apple still dominates world's top brands: study Tweet Share this Email Print Related News Historic Facebook debut falls short of expectations Fri, May 18 2012 Facebook prices at top of range in landmark IPO Thu, May 17 2012 Analysis: Facebook can't take Asian growth for granted Thu, May 17 2012 GM to drop Facebook ads due to low consumer impact Tue, May 15 2012 Facebook increases IPO range to raise $12.1 billion Tue, May 15 2012 Analysis & Opinion Facebook’s poor, huddled masses A new challenge for Zuckerberg Related Topics Tech » Media » iPad » Two men stand in front of an Apple logo outside an Apple store in Shanghai February 22, 2012. Credit: Reuters/Aly Song By Georgina Prodhan Mon May 21, 2012 8:03pm EDT (Reuters) - Apple (AAPL.O) has maintained its place as the world's most valuable brand over the past year, leading a group of technology-related companies that dominate the top 10, according to a study published on Tuesday. The iPhone and iPad maker has boosted its brand value by 19 percent in the past year to $183 billion, or 37 percent of its market capitalization, according to the annual BrandZ study by leading brands and market-research agency Millward Brown. Facebook (FB.O), with a market value of $82 billion after its initial public offering last week, was the fastest climber in the top 100, seeing its brand value rise by 74 percent to $33.2 billion to put it in 19th place. Seven of the top 10 were technology-related firms, although McDonald's (MCD.N) and Coca-Cola (KO.N) kept their respective number four and number six rankings. Marlboro (MO.N) moved up a notch to seventh place despite anti-smoking campaigns in much of the world. Nick Cooper, managing director of Millward Brown Optimor which produced the study, said the strength of technology brands was a measure of the central and transformative role it plays in contemporary life. "It's all pervading," Cooper told Reuters, "and there's a lot of excitement and new news. This is where it's all happening. That tends to increase not only the demand and financial performance but also the role of brand." Millward Brown, part of global advertising group WPP (WPP.L), takes as its starting point the financial value of the company or the part of the company that produces the brand, and combines it with the brand's ability to create loyalty. "When cars first appeared or when air travel first appeared, they became liberating. It's the turn of the technology sector at the moment," said Cooper. Business technology brands also featured prominently in the top 10, with IBM (IBM.N) switching places with Google (GOOG.O) to rise to second place. Microsoft (MSFT.O) kept its position at number five. Cooper said the so-called consumerization of IT, in which business hardware and software makers increasingly have to come up to the standards that consumers are used to in their private lives, played a role. "The brands that are generally demonstrating the best growth are those that tend to be occupying spaces where there is a lot more intuitive natural use, where the consumer experience is informing the B2B experience rather than the other way around." Mobile phone brands AT&T (T.N) as number eight, Verizon (VZ.N) (VOD.L) as number nine, followed by China Mobile (0941.HK) completed the top 10. Cooper said, however, some technology brands were vulnerable to public opinion swinging against them, especially over emotive issues such as privacy, where Facebook and Google have already suffered a backlash for gathering large amounts of user data. "Consumer technology is receiving the same kind of scrutiny once reserved for banks and brands will have to respond convincingly to increasing regulatory oversight. This may impact social brands like Facebook in the future," he said. Cooper added that Apple's increasing its brand value despite the death of its visionary founder Steve Jobs in the past year was extraordinary. "They are catchable but they've either got to falter or someone else has got to put on a sprint," he said. Millward Brown will publish the complete list of its top 100 brands at www.millwardbrown.com. (Editing by Phil Berlowitz) Tech Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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