Do you trust Apple? (The Saga Continues)

Ed Bott delves into Apple's iBook EULA (so that you don't have to).  The result is what he charmingly terms "Apple's mind-bogglingly greedy and evil license agreement"
How so?
Here is the relevant (and I'd agree - quite evil) section

I’ve downloaded the software and had a chance to skim the EULA. Much of it is boilerplate, but I’ve read and re-read Section 2B, and it does indeed go far beyond any license agreement I’ve ever seen:

B. Distribution of your Work. As a condition of this License and provided you are in compliance with its terms, your Work may be distributed as follows:

•  (i) if your Work is provided for free (at no charge), you may distribute the Work by any available means;
• (ii) if your Work is provided for a fee (including as part of any subscription-based product or
  service), you may only distribute the Work through Apple and such distribution is subject to the following limitations and conditions: (a) you will be required to enter into a separate written agreement with Apple (or an Apple affiliate or subsidiary) before any commercial distribution of your Work may take place; and (b) Apple may determine for any reason and in its sole discretion not to select your Work for distribution.

And then the next paragraph is bold-faced, just so you don’t miss it:

Apple will not be responsible for any costs, expenses, damages, losses (including
without limitation lost business opportunities or lost profits) or other liabilities you may incur as a result of your use of this Apple Software, including without limitation the fact that your Work may not be selected for distribution by Apple.

In laymans terms

1. Feel free to create anything you want with this tool
2. If you want to give the Fruits Of Your Genius away for free, rock on.  Do it however and wherever you want.
3. If you you want to sell it however,
1. You must sell it through us (Apple)
2. If we don't want to sell it, you are Shit-out-of-Luck.
3. And there isn't a damn thing you can do about it.

Seriously, that is pretty much what it says.
So, I ask again,

Do You Trust Apple?

And if so, why?
Me, I still have a problem with this.  To misquote Terry Pratchett,
Its all well to have a Good and Wise King, but you better hope that his children are Good and Wise too, because someday they will take over.  And what about his Wazir?  And the henchmen? Do you trust them too?  And the neighboring kingdoms?  What about them?