Published On: Sat, Jul 31st, 2010

Apple On The Top- No Indian Company In Top 50

[private]Various companies from India like TATA, Reliance, Bharti and many others are establishing or established their shops in many other countries, but the great wonder is not even a single company become world’s most valuable brand in top 50 brand list of Forbes magazine.

Forbes explained about top 50 world’s most valuable brands list 2010. India Inc watchers said that Indian companies need to work hard and make their brand visible to all over the world.

Forbes said that the company’s number 1 position in its Top 50 brands list, “This (Apple) is a company that has faced setbacks before and bounced back to become the world’s most valuable brand worth USD 57.4 billion, Apple shows just how a brand can survive and thrive even when a parent company stumbles.

Apple’s sales in the late 1990s plummeted 46 per cent over a four-year stretch while the company lost money seven times over eight quarters”, said the magazine.

The interesting fact is Tech brands occupied four of the first five places in ranking and claimed 30 % of top 50 brands. Tech major Apple, listed top in the list, and on the second place software major brand Microsoft with its brand value of USD 56.6 billion.

Coca Cola was at third place with USD 55.4 billion and at fourth place, IBM with USD 43 billion. Google at fifth with USD 39.7 billion then McDonald’s, General Electric, Marlboro, Intel and Finnish handset maker Nokia featured in the top 10 list.

Forbes noted that “The brands on our list fared a little better, with sales on average flat in 2009. Some brands were hit hard by the economic downturn as well as their own missteps”.[/private]

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