Manage episode 195666031 series 1243822
The two investors, JANA Partners LLC and the California State Teachers’ Retirement System, say they’re concerned about the mental health costs of excessive cell phone use by kids, and that they’d like to talk to the Apple board about ways of addressing the problem. Barry Rosenstein and Anne Sheehan own about $2 billion in Apple shares. In their letter, they point out that research says the average teen gets their first smartphone at age 10 and spends 4.5 hours on it each day. They also note that more than half of kids say they’re addicted to their screens.
In studio: Tim Dickert
2389 episodes available. A new episode about every 5 hours averaging 16 mins duration .