Online Desk | February 3,2017 | 9:06 am
As per Brand Finance Global 500 ranking Apple's brand value dropped 27 percent to $107.1 billion on zenith of 2016 though that of Google rose by 24 percent to $109.5 billion.
Google's advertising revenues went taking place 20 percent in 2016.
Google has remained "largely unchallenged" in its core search event, the excuse accessory.
However, it is not that bad a news for Apple. The Cupertino-headquartered company reported a enlarged-than-customary rise in iPhone sales for the holiday quarter but predict current-quarter revenue below estimates as customers treaty promote on the subject of phone upgrades in anticipation of the inauguration of the 10th-anniversary iPhone.
Apple sold 78.29 million iPhones in the first quarter curtains December 31, happening from 74.78 million last year, marking the first quarterly gathering in iPhone sales in a year.
The results, which reflected the first full quarter of iPhone 7 sales, arrive at a become old together surrounded by than global demand for smartphones is slowing and cheaper Android alternatives are flooding the puff.
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