Reality - there was a period where the icloud backups created backups that apple did not have access to. Critically, this mean that if you had any of a wide variety of things happen - unless you were very good about key management - your content was lost for good. ALL your photos (which could be heartbreaking) etc.
It turns out this is NOT what people want. They want apple to have access to their content, so when they have a device stolen and don't have a super long recovery key properly saved, they are not hosed.
Same issue BTW with bitlocker on windows. People DO NOT save those recovery keys, even if they should. Microsoft added a way to force a backup into an account admins and others would have access to, thank goodness, because otherwise users there would be hosed as well.