It errored out for me on SE and SD.
property applsAlias : (path to applications folder)
tell application "Finder"
set itemList to (items of applsAlias) as alias list
end tell
repeat with i from 1 to (count items of itemList)
POSIX path of (item i of itemList)
set item i of itemList to the result
end repeat
-- itemList is now a list of posix paths
repeat with i from 1 to (count items of itemList)
set applPosixPath to (item i of itemList)
try
set itemAlias to (POSIX file applPosixPath) as alias
set item i of itemList to itemAlias
on error errText
display dialog "error: " & return & return & errText
end try
end repeat
beep
delay 1
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