Apple Faces Regulatory Scrutiny in India Amid IOS 18 Warranty Investigation

Apple Inc., the global technology giant headquartered in Cupertino, California, is facing regulatory scrutiny from India's consumer protection agency. The investigation centers on Apple's warranty terms tied to the iOS 18 update, which some consumers claim has impaired iPhone functionality and led to costly repairs.

According to GuruFocus' proprietary valuation metric, GF Value™, Apple's intrinsic value is estimated at $285.49 per share, while the stock currently trades at $333.08. This places AAPL approximately 16.7% above its GF Value™, categorizing it as modestly overvalued.

The investigation by India's consumer protection agency targets Apple's warranty terms related to the iOS 18 update. If the probe concludes that Apple violated consumer rights, the company could face fines or be compelled to modify its business practices.