No. Advertising has always taken a cue from Goebbels. It was never the truth, just and 'illusion of truth'. We made women and men powder their babies and privates with cancerogenic talcum powder. We said 9 out of 10 Doctors smoke Camel. We told people sugar would help them diet. Now we're hailing effeminate gay men as transexuals and pushing cancer triggering drugs on kids. If only ad agencies were equally held responsible for damaged caused by products pushed as the creators of those products.
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This isn't an apology, it isn't even an attempt of sorting out what went wrong, they're just hoping to kumbaya their way out of any responsibility here.
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