I guess that point of view changes radically if you go a bit further back in history. The very reason we adopted an aggressive intelligence gathering effort, like the NSA, was so a sneak attacks like Pearl Harbor could be avoided in the future. It seems fashionable now to scoff at that effort, and suggest that we shouldn't trust the government. But to do the opposite was & remains unthinkable. 50 years of intense cold war with the Soviet Union clearly demonstrated that our good intelligence gathering along with the mutually assured destruction from so many nuclear weapons prevented another world war. It doesn't seem wise to abandon that now.
Apple, a for profit company, already has unprecedented access to large amount of our personal info. They certainly do use it for their own profit. Does it make sense to argue that only they can handle it wisely?