Thursday, November 6, 2014

Forbes names Apple as most valuable brand

by Luke Jones


Forbes has released its annual list of the world's most valuable companies and (un)surprisingly the table is topped by Apple. The magazine/website values the iPhone maker at a whopping $124.2 billion, a number that is more than double any other company on the list and much more than Cupertino?s rivals.


Forbes said Apple increased by 19% thanks to increased product sales and continued demand for the iPhone. Microsoft was the nearest of Apple's rivals in second place, but trailed far behind Cupertino at $63 billion, itself a 13% increase. Other tech companies include Google in third place ($56.6 billion), IBM in fifth ($47.9 billion), and Samsung in 8th ($35 billion).


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