Customers view the Apple Inc. iPhone X smartphone during the sales launch at a store in San Francisco, California, U.S., on Friday, Nov. 3, 2017. The $1,000 price tag on Apple Inc.'s new iPhone X didn't deter throngs of enthusiasts around the world who waited -- sometimes overnight -- in long lines with no guarantee they would walk out of the store with one of the coveted devices. Photographer: Michael Short/Bloomberg
Two big shareholders of Apple Inc are concerned that the entrancing qualities of the iPhone have fostered a public health crisis that could hurt children – and the company as well.
In a letter to the smartphone maker dated Jan 6, activist investor Jana Partners LLC and the California State Teachers’ Retirement System urged Apple to create ways for parents to restrict children’s access to their mobile phones. They also want the company to study the effects of heavy usage on mental health.
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