Tim Cook, the Apple CEO who took over the position after the passing of Steve Jobs, has come out as gay. He has made a statement regarding his reveal in regards to the Apple company.

“Being gay has given me a deeper understanding of what it means to be in the minority and provided a window into the challenges that people in other minority groups deal with every day,” Cook said in his article on Bloomberg Business Week. “It’s made me more empathetic, which has led to a richer life. It’s been tough and uncomfortable at times, but it has given me the confidence to be myself, to follow my own path, and to rise above adversity and bigotry.”

Cook says he doesn’t consider himself an activist, but does realize this news is important to divulge.  “I realize how much I’ve benefited from the sacrifice of others,” he says. “So if hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy.”

“I’m proud to be gay,” Cook says, “and I consider being gay among the greatest gifts God has given me.”

Regarding the future of his position as Apple’s CEO, Cook said “I’ve made Apple my life’s work, and I will continue to spend virtually all of my waking time focused on being the best CEO I can be. That’s what our employees deserve—and our customers, developers, shareholders, and supplier partners deserve it, too.”

There has been an outpouring of support and praise for Cook on Twitter regarding his coming out, saying things like “congratulations,” and calling Cook “courageous.”  Some took this opportunity for comedy, sending out tweets that the Samsung CEO will also come out as gay now.

Pundits on CNBC are beginning to speculate whether or not Tim Cook’s announcement will affect the Apple stock prices.

[photo credit: igrec]