Google overtakes Apple as the worlds most valuable company
According to new ranking from brand finances, Google has over taken apple as the most valuable brand. Apple had been the most valuable for 5 years, but in the past year Apple has dropped by 27% altogether while Google has gone by 24% overall.
Apple makes electronics like Iphones and Ipads. Google owns a search engine (Google), YouTube and more. Apple has fallen to second place. Google’s value increased to $109.5 billion last year. Apple’s value decreased by $2.4 billion in the last year. This is mainly because Apple keep on making the same products with a few changes. Google also recently made a phone (Pixel) and lots of people still use android, Google and YouTube.
The third most valuable with $121.8 billion last year was Microsoft. Microsoft mainly make Computers. AT&T came 4th moving up two positions with $107.4 billion. AT&T is the second largest provider of mobile telephone services and the largest provider in the United States Facebook is number 5 moving up from 12 with a brand value of $102.6 billion. Facebook is a social media website. Visa moved down to number 6 by one space with $100.8 billion. Visa makes payments technology and connects consumers, businesses, financial institutions and governments to fast and secure payments.