investors

Tue
09
Jan
John Lister's picture

Investors Demand Apple Tackle Phone Addiction

Two of Apple's big investors want the company to tackle 'smartphone addiction' among younger users. They say failing to address the problem now could hurt the company's value in the long term. The call comes from investment management company Jana ... Partners, along with the managers of retirement plans for teachers in California. Between them they hold around $2 billion of Apple Stock, though that is only around one fifth of one percent of the entire company. (Source: bbc.co.uk ) They cited research that says using smartphones too much can mean students don't get enough sleep and pay less ... (view more)

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