The thing with cloud and with anything related to it, anything that connects to the internet somehow... is that, unless it's open source and the servers decentralized, you are always trusting SOMEONE. Sure, Apple might make their best to ensure nobody – but them – have access to your data... but Apple controls all the end points. It controls the updates your iPhone receives, it controls the servers where this happens…
If you trust math you can prove the software is what they say it is.
Yes it is work to do this, but this is a big step forward.