I feel it may be more to do with the EXACT words and phrases Tim publicly uses, which to us, we hear it as having one meaning, but it's VERY carefully crafted English to actually mean or allow something else.
So, not a Lie technically, but more a clever and precise use of language to appear to be saying one thing, whilst legally? meaning another.
And/or what you don't say, combined with the actual meaning of certain words.
If what WE THINK is genuine, then Apple's servers are the ideal place for nasty evil people to store child pornography, terrorist plots, you name it, that the place to store it. If it's not touchable, as Tim Suggests.
The point is, do any of us want Apple to be THE safe haven for all of that?