Apple CEO Tim Cook says 'I’m proud to be gay'

0 Comment(s)Print E-mail CRI, October 31, 2014
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Apple chief executive Tim Cook has publicly announced he's gay.

The CEO of Apple has made the declaration in a magazine editorial.

Cook says he's come out in the hope that it might help others who are struggling with their sexuality.

The revelation isn't news for many in Silicon Valley, with most in the industry already well aware of Cook's sexual orientation.

However, it remains to be seen whether Cook's disclosure will affect the company's business in conservative foreign markets.

Max Wolff is a chief economist at Manhattan Venture Partners.

"Apple is also in the driver's seat here. It's a brand that all different types of companies and individuals want to associate themselves with. I don't see that changing. And I think ironically, that class of folks globally has become pretty comfortable and has backed away from some of the historical bigotry that has afflicted the lives of people who have the same proclivities that Mr. Cook is interested in talking about,"

Cook is at least the third CEO of a publicly-listed U.S. company to announce he is gay.

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