Apple since long has ruled the Tech-World as a brand that is
both leading in terms of value and customer loyalty.
But seems the reign has seen its demise.
Global Market research agency Millward Brown stated in its
2014 Top 100 BrandZ report that Google’s brand value has shot up 40% in a year
to $US 158.84 Billion.
"Google has been extremely innovative this year
with Google
Glass, investments in artificial intelligence and a range of
partnerships," said Benoit Tranzer, the head of Millward Brown France.
Recently Google tied up with Luxottica, a glasses giant
behind Ray-Ban and Oakley, to sell their new product Google Glass in the United
States. The glasses shall be according to a customer’s preference and no more
make one look like some space age being. (Though that’s cool enough)
Also propelling Google’s brand value was the takeover and
selling off of Motorola Mobility from which it acquired some 8000 patents all
from Moto’s Kit.
Google’s policy of targeting all of the market with their well-priced
products and almost lifeline services has definitely paid of well.
Apple on the
other hand, has maintained their tradition in every front with similar devices
and policies, the only new being their OS update. The new Mac Pro too hasn’t
yet made that much of an impact as expected though it is a brilliant
workstation.
Apple, which dominated the top position for 3 straight
years, saw its brand value fall by 20 percent to $US147.88 billion.
The top 10 of the 100 slots were dominated by US
companies. IBM was
in third place at $US107.54 billion ($116.35 billion), a fall of 4 per cent,
followed by Microsoft at
$US90.19 billion ($97.58 billion) – a 29 per cent rise.
The good news on the block being that Google and Apple declared
a cease-fire in their intellectual-property wars, saying they will work
together in some areas of patent reform. This makes us expect lot more great
products from the two Technology giants.
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