US Economy

Rights group: Cook will 'save countless lives'

Apple CEO Tim Cook speaks at a conference in Laguna Beach, Calif., October 27, 2014.
Lucy Nicholson | Reuters

The Human Rights Campaign praised Apple CEO Tim Cook's op-ed in Bloomberg Businessweek on Thursday that said he is "proud to be gay."

"Tim Cook's announcement today will save countless lives. He has always been a role model, but today millions across the globe will draw inspiration from a different aspect of his life," the organization said in a release.

What Tim Cook's essay means for Apple

As the largest civil rights organization working to achieve lesbian, gay, bisexual and transgender equality in the United States, the group commended Apple's continued support of the LGBT community.

Read MoreCorporate America needs to get some gay pride