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Apple joined PRISM in 2012 (likely integrating with iCloud), does not allow independent sources to analyze their software code (save for certain exceptions), and for 14 years straight have shipped computers containing the Intel Management Engine, which itself alone is the very antithesis to both user privacy and hardware security. They like to lie a lot and put up a facade to gain points with the public, but the reality is that they are not trustworthy at all.

If a multi-trillion dollar company that disproportionately charges exorbitant prices for average to sub-par components is comfortable with financially exploiting their customers with such disregard and deceit as that, then what makes you think they are truly concerned for your data as an individual?
I reject the premise of your loaded question:

“If a multi-trillion dollar company that disproportionately charges exorbitant prices for average to sub-par components....”

In the smartphone market, you’ve got two options. Even if I didn’t trust Apple at all—even if Apple wasn’t driving the FBI and law enforcement crazy, even if Justice wasn’t going after Apple to put in a back door—I would still choose iPhone over any Android phone. Just as I’d choose MacOS over Windows.

That’s cool you don’t trust Apple, no reason you should, and I have no interest in trying to change your mind. I’m sure there are companies you trust that can meet your needs for higher quality products at more affordable prices 🤷‍♂️
 
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Here's a better list:
Anything encryption related that has the entire encryption software completely open source: Yes
Anything else: No

If you (or more to the point, other independent encryption experts) can't verify the code, and create the executable by then compiling it your/themselves, then you never know what it is really doing, and can thus never 100% trust it. End of story.

So no, sorry, Apple doesn't make the grade when it comes to your privacy. They may claim they do, and they might well be telling the truth, or they might be telling the truth but have made a big boo boo and don't even know it's broken, but without the software being open source, then who knows.
And with the software being open source, who knows? Who is investing the time to check it? Especially if the source code is so messed up, you don't have any chance to verify it? How do you know the open source code that you see is actually the code that is used?
 
And with the software being open source, who knows? Who is investing the time to check it? Especially if the source code is so messed up, you don't have any chance to verify it? How do you know the open source code that you see is actually the code that is used?
There are plenty of super high qualified individuals and organisations that go to this effort. Open source a cryptographic software, and it will be taken to pieces in great detail by these uber nerds, they love this stuff. And in case you're wondering, although they do it for "free", they end up earning a fortune by doing it, as it gains them a massive reputation in the industry, and then can charge extraordinary fees for consultations. The best of these guys are millionaires, entirely due to their love for, and and extreme skill of, their job. As an aside, that business model is pretty much how the open source community works in general. They work for "free", and then become millionaires because of it. It's an extremely successful business model, and part of the reason why there is a huge amount of high quality, open source software available.
 
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