Hey everyone, I’ve been tracking Apple (AAPL) for a while now — it’s currently trading in the higher $190s. Given its strong brand, consistent cash flow, and dominant market position, it’s clearly a great business. But from a value investing standpoint, the current price seems pretty rich, especially when factoring in growth slowing in key segments and increasing competition.

I’m trying to identify a reasonable margin of safety before initiating a position. What are your thoughts on a fair intrinsic value for Apple? What’s your target buy price, and what valuation method are you using (DCF, multiples, etc.)? Would love to hear some perspectives.