Yes, I think I would say the same. Same apply for Microsoft, with Edge.
The claim of privacy, might support isolation and that's how you start to build bubbles around people.
We should keep in sight what's the goal of targeted advertising - is to deliver relevant a message to the right users. It's heavily abused, indeed, and it should be revised.
But deprive the capacity of segmentation from a brand that know's everything about you - which Apple does - it's just not right imo.