Kids and iPhones — are they a good mix? Two Apple shareholders aren’t sure.
Jana Partners LLC and the California State Teachers’ Retirement System, which together own a $2 billion stake in Apple, asked the company in an open letter, published Saturday, to address the issue of phone addiction among children.
The pair ask Apple to take a socially responsible approach to helping parents navigate the tricky waters of phone ownership among kids. “By doing so, we believe Apple would once again be playing a pioneering role, this time by setting an example about the obligations of technology companies to their youngest customers,” said the two in their letter.
