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Apple Shares Trading at Modestly Overvalued Price Amid Strong Upgrade Cycle

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AAPL
Share

Apple Inc. (AAPL) is currently trading at a premium valuation, according to GuruFocus' proprietary GF Value metric. The tech giant's shares are priced at $334.80, which is 16.9% above its intrinsic value estimate of $286.32.

This modest overvaluation suggests that the stock may not offer a margin of safety for new investors, especially considering Apple's high premium valuation multiples.

Evercore ISI recently released a survey highlighting a robust upgrade cycle for Apple's flagship iPhone line, with projected average selling prices for the upcoming iPhone 18 Pro and Pro Max models exceeding 20%.

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