Apple should address youth phone addiction, say two large investors


  • TECH
  • Monday, 08 Jan 2018

FILE PHOTO: (L-R) iPhone 8 Plus, iPhone X and iPhone 8 models are displayed during an Apple launch event in Cupertino, California, U.S., September 12, 2017. REUTERS/Stephen Lam/File Photo

NEW YORK: Apple Inc shareholders Jana Partners and the California State Teachers' Retirement System are urging the smartphone maker to take steps to address what they say is a growing problem of young people getting addicted to Apple's iPhones, Jana partner Charles Penner said. 

Jana, a leading activist shareholder, and CalSTRS, one of the nation's largest public pension plans, delivered a letter to Apple on Saturday asking the company to consider developing software that would allow parents to limit children's phone use, the Wall Street Journal reported earlier on Jan 7. 

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