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Last updated: May 24th, 2018 at 14:01 UTC+02:00
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According to the Forbes’ study, Samsung registered a brand value of $47.6 billion, up 25 percent from last year’s $38.2 billion. This pushed Samsung from the 10th rank last year to the 7th spot this year. For comparison, Apple’s brand value is estimated at $182.8 billion, clocking a 7.5 percent increase from last year.
Search giant Google is ranked second in the list with a brand value of $132.1 billion. Microsoft, Facebook, and Amazon occupied the next three spots in the top five with $104.9 billion, $94.8 billion, and $70.9 billion in brand-value respectively. One spot ahead of Samsung is Coca-Cola with an estimated brand value of $57.3 billion.
All the top five on the list are US firms in the Technology industry. Google is one of the biggest gainers (30%) along with Netflix (35%), PayPal (33%), Amazon (31%), and Facebook (29%). While these rankings don’t mean much for the future of any of these companies, they are a good data point to gauge the popularity of these firms among the public. It is clear from the rankings that even though Samsung is making gains, it is still far away from the toppers on the list.
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