AAPL Hits 10.3% Overvaluation as Apple Restricts External Security Researchers

Apple Inc (AAPL) has been hit with a surge in AI-generated security vulnerability reports, forcing it to impose new restrictions on external researchers. The company announced that it will limit the number of concurrent submissions from these researchers, effective since June.

This move is aimed at maintaining rigorous security standards without overwhelming Apple's internal teams. However, this has impacted Italian startup Bynario, which used AI to discover over 50 potential macOS vulnerabilities, including a critical exploit.

According to GuruFocus' proprietary GF Value metric, Apple is trading at $308.91 per share, approximately 10.3% above its intrinsic value estimate of $280.04. This suggests that the stock is modestly overvalued, offering limited margin of safety for new investors at current prices.