Apple Inc (NASDAQ:AAPL) CEO Tim Cook said that as a “proud member” of the LGBTQ+ community he’s “deeply concerned” about the laws being enacted across the United States, particularly those “focused on our vulnerable youth.”
What Happened: Cook’s comments came in a tweet he posted on Thursday night. The Apple CEO said he stands in support of the “vulnerable youth” and their families, loved ones, and allies.
As a proud member of the LGBTQ+ community, I am deeply concerned about laws being enacted across the country, particularly those focused on our vulnerable youth. I stand with them and the families, loved ones, and allies who support them.
— Tim Cook (@tim_cook) March 11, 2022
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Why It Matters: Cook came out as gay in 2014 and said at the time that it provided him with a deeper understanding of what it means to be a part of a minority group.
Apple has faced criticism in the past for helping governments of China, Saudi Arabia and other countries restrict LGBTQ+ apps.
Lawmakers in at least 7 states have proposed anti-trans bills in the first week of this year, according to an NBC News report.
The states include Arizona, Alabama, Indiana, Kentucky, Oklahoma, New Hampshire and South Dakota where Republican lawmakers have introduced measures that target transgender and nonbinary youths and their ability to participate in sport or use the bathroom.
This month, Florida’s legislature passed the “Parental Rights in Education” bill, known to critics as the “Don’t Say Gay” bill. The measure would restrict teachers and school districts from discussing gender identity and topics related to sexuality in the classroom from kindergarten to the third grade, reported CBS News.
Price Action: On Thursday, Apple shares closed 2.7% lower at $158.52 in the regular session and fell 0.3% in the after-hours session.
Read Next: Pixar Employees Accuse Disney Brass Of Censoring LGBTQ Content: Report
Photo: Courtesy of Pierre LeCourt via Flickr
