How long before turning off the cloud or location features is no longer an option?
Probably never. While Apple certainly makes money from both features (particularly cloud services), unlike Google they’re still in the customer satisfaction business not the customer data mining business. At Apple, the end user is the customer. At google, the end user is the commodity.
Unlike the competition, Apple is neither interested nor willing to sell your private information. With a court order, they will give access to your iCloud account, but they neither track nor monitor you
Android, FaceBook and Google make their living off your information
Sarbanes/Oxley Act carries a $60,000 penalty per event, per user; for intentional deception by a spokesman of a company. Both Steve Jobs and Tim Cook have been quite clear - Apple is quite happy making money off their hardware and software. They don’t need to sell your private information too
It seems to work for them.