"In an interview last week, Carrier IQ VP of Marketing Andrew Coward rejected claims the software posed a privacy threat because it never captured key presses.
“Our technology is not real time,” he said at the time. "It's not constantly reporting back. It's gathering information up and is usually transmitted in small doses.”
Note that last clause there.
Besides: Reading weasel words like 'usually' in corporate statements just makes me shudder.
There's also a third upload reason in that image which has it's own disturbing implications: "SMS_PullRequest_CS".
Even if they never do anything with keystroke data, just the fact that they can is the dangerous part. What is to prevent some switch to start sending the keystrokes in the future? I'll be blunt, this companies implementation of its business model strikes me as being borderline wiretapping.