Geographic location makes sense. If you have an application that is quite local it might make sense to not display ads elsewhere. Removing it from other stores is not really a solution because there might be tourists who would still like to be able to get it. Gender makes sense too because let's face it, there are lot of applications that are specially targeted at women or men.
Location makes sense, that's what I meant. Gender is too private, is represented naively, and exposing it to advertisers results, in my (trans) experience, in actively unpleasant ads.
Oh, and from my experience with things like YT flipping the gender bit on me regularly: you may be cis, but you should be concerned too. The way ads are targeted based on gender is _not_ benign at all.
I see. I kind of supposed that one could choose to not expose the gender to Apple and then the ads could not use this. Actually I do not know where do they get this information from. If they try to infer it then it is of course a problem.