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Apple regains the title of most valuable brand, and Tesla brand price soars 158% over the past year
26.01.2021 [22:55],
Vasily Shkodnik

Today the independent consulting company Brand Finance has published a rating of the most valuable brands in the world for 2021 and early 2021. They have been releasing their report since 2021 and at the end of last year Apple became the leader in it, and Tesla showed the best growth.

Image source: Apple

The brand of the Cupertino-based company became the most expensive – in a year Apple was able to increase its brand value to $ 264.4 billion, that is, by 87%, and climb from the third line of the rating. A significant role in this was played by Apple’s strategy to develop its digital services – TV +, Apple Music and Apple Fitness+. Apple is followed by Amazon, which was able to increase the value of the brand to $ 254.2 billion. The third is Google, in percentage terms the company was able to increase the value of its brand by only 1%, up to $ 191.2 billion. Brand Finance in its report emphasize that the corporation for the first time in history recorded a drop in quarterly revenue.

Tesla brand became the fastest growing. In 2021, the valuation of the company’s trademark increased to $ 32 billion, which is 158% more than a year earlier. At the same time, the capitalization of the company last year exceeded $ 500 billion, which made Elon Musk the richest man on the planet.

Digital Media Services Also Shown Growth Analysts Associate With COVID-19 Pandemic. Netflix gained 37 million new users in a year, which led to an increase in brand value to $ 24.9 billion (up 9%). Music streaming service Spotify shows impressive growth, with brand value up 39% to $ 5.6 billion. However, not everyone was doing as well as this couple, with Disney’s video streaming service down 9% and HBO down 3%.

More details about the Brand Finance report can be found on the official website. Analysts took into account indicators not only of the technological and media sectors.

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