Apple’s Brand Worth a Whopping $200 Billion as Facebook’s Value Falters

2019-5-24 20:39

By CCN: Forbes’ 2019 list of the world’s most valuable brands is out. For the ninth straight year, Apple takes the cake. The tech behemoth’s brand is currently worth $205. 5 billion – a 12% increase from last year.

All but two of the top 10 brands saw their value increase since 2018. Facebook lost 6% over the year. Worth close to $95 billion last year, Facebook’s brand value has dropped to less than $89 billion. Apple’s Secret to Success Although iPhone sales are on the decline this year (17% less than the year-ago period), Apple’s services revenue is hitting new

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Traditional Stocks And Crypto Apple (APPL) stock has reached around $200 per share this year. In a note to Bank of America clients concerning its position on Apple, analyst Wamsi Mohan discussed Apple’s performance for the second quarter of 2019, one of its core strengths was its services revenue, which reached $11.5 billion. He stated, […]

2019-5-2 20:13