"This somewhat impugns Apple's statement that the phone could not get gotten into by somebody else," Guy Kawasaki, a former chief evangelist at Apple, told CNBC Tuesday. "You always have to bet on the hackers."
Still, Apple's substantial market share in the smartphone market is unlikely to be hurt by the case. Devices built on Google's Android operating system are the only real competitors in the market. They're known to be less secure than iPhones because, aside from Google's Nexus phones, there's not a single vendor that controls the software and hardware.
Sunny Barkats, a corporate and securities lawyer in New York, said that Apple's maniacal focus on device protection and security means that it's building to protect against breaches, not enable them. He equated its engineering to the construction of a fortress, which is designed to be unbreakable.
"Apple's mindset is absolutely the right approach," Barkats said. "And the only approach they could divulge to shareholders."