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For the eighth consecutive 12 months, Apple has been named the world’s most dear model. The tech large, based by Steve Jobs, has maintained its place on the prime of the Model Finance International 500 checklist, with a model worth of $263.4 billion.
This 12 months, Apple’s model worth elevated by 87%, largely resulting from its success within the midst of the COVID-19 pandemic. With extra individuals working from dwelling and counting on know-how for communication and leisure, Apple’s merchandise turned much more well-liked, resulting in record-breaking gross sales.
In line with Model Finance, Apple’s continued innovation and powerful model loyalty have contributed to its success. The corporate’s capacity to create merchandise that not solely carry out nicely however are aesthetically pleasing has allowed it to face out within the crowded tech market.
Apple’s affect is felt not solely within the know-how business but in addition in well-liked tradition. The corporate’s modern and minimalist design philosophy has influenced every part from trend to structure, making it a cultural icon.
Nonetheless, Apple’s dominance is just not with out criticism. The corporate has confronted accusations of anti-competitive practices and has been criticized for its environmental impression. Some additionally argue that the corporate’s excessive costs make its merchandise inaccessible to many customers.
Regardless of these criticisms, Apple’s model worth exhibits no indicators of declining. With its continued success and fame for innovation, it’s seemingly that Apple will stay on the prime of the Model Finance International 500 checklist for years to return.
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