Apple has ranked No. 1 on Kantar BrandZ's annual most valuable global brand report for the fourth consecutive year, with a brand value of about $1.3 trillion.
Other tech giants like Google, Microsoft, and Amazon are competing for second, third, and fourth place on the list.
Newcomers like ChatGPT and Chipotle have made their debut on the list, with ChatGPT being the highest-ranking newcomer at No. 60.
The dominance of brands like Apple, Instagram, and McDonald's highlights the importance of a consistent brand experience in the global market, according to Kantar BrandZ's report.