Ferrari has been named the most powerful brand in the world.The Italian car-maker was labelled the best based on its desirability, loyalty and consumer sentiment, according to a brand strength index released by Brand Finance.According to news.com.au, Brand Finance CEO David Haigh said Ferrari's logo of the prancing horse is 'instantly recognisable the world over'.The brand is among 11 others in a global elite that have ratings of AAA+ along with the likes of Google, Hermes, Coca-Cola and Red Bull.But despite being powerful, Ferrari is far from one of the world's most valuable brands, ranked number 350 in the world with a value of four billion dollars.Instead, tech companies dominate the top 10, along with consumer goods and food products.The brands that made it to the AAA+ rating are as follows:Ranking Name3 Google12 Coca-Cola27 Walt Disney63 PwC110 L'Oréal181 Hermès203 Red Bull238 Unilever265 Rolex350 Ferrari368 MckinseyBrand Finance's world's most valuable brands 2014 ($US) include:Apple, US, $104.68 billionSamsung, South Korea, $78.75 billionGoogle, US, $68.62 billionMicrosoft, US, $62.78 billionVerizon, US, $53.47 billionGeneral Electric, US, $52.53 billionAT & T, US, $45.41 billionAmazon, US, $45.15 billionWalmart, US, $44.78 billionIBM, US, $41.51 billionToyota, Japan, $34.90 billionCoca Cola, US, $33.72 billionChina Mobile, Hong Kong $31.84 billionT, Germany, $30.61 billionWells Fargo, US, $30.24 billionVodafone, UK, $29.61 billionBMW, Germany, $28.96 billionShell, Netherlands, $28.57 billionVolkswagen, Germany, $27.06 billionHSBC, UK, $26.87 billion 

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