My personal strategy is two fold:
1. Don't put anything incriminating on my phone, and
2. I don't do criminal acts.
While this is actually not a perfect defense against being accused, it is pretty good, and if I then back it up by updating to the latest version of iOS I am reasonably secure.
In short, breaking into my phone wouldn't be worth the effort beyond seeing my slightly eclectic collection of humorous (to me anyway) memes.
However, given that it's Apple... I would expect the encryption to be top notch. I'd also expect there is a back door or two in there they could exploit if necessary. Perhaps one or more of these back doors has been compromised.