I'd disagree with this. Apple execs surely know if this information gets leaked they're losing 30% market cap in a single day, why would they risk something like that when administrations change every 4-8 years?
I wouldn't expect them to have HSM keys or anything but a mirror of their VCS? Yeah the NSA probably has that.
What stock was crushed by Snowden revelations?
Compare with minute 22:40 of the talk
As well as https://imgur.com/a/82JV7I9
Let’s say your old boss was embezzling and got away with it. Now you are the boss, and if you go public with it, not only are they out of power and likely nothing will happen, but all the freedom and flexibility you have in the same position is gone, and you or your friends have an island-problem you would rather not get into.
Maybe it’s just better to not rile up the shareholders.