Apple recently held its annual developers conference, showcasing software redesigns and AI advancements amidst ongoing regulatory and trade challenges. The event, attended by developers from around the globe, focused on incremental improvements and cosmetic changes in technology.

The conference highlighted Apple's commitment to developing more AI tools to enhance user experience and previewed the most significant redesign of its iPhone software in a decade. However, the company refrained from making bold promises of breakthroughs seen in previous years.

One of the major concerns raised was the delay in improving Siri's AI capabilities, which were first announced in 2023. Apple's top software executive mentioned that more time is needed to meet quality standards, with no specific timeline provided for the upgrade.

Despite ongoing questions about Apple's innovative drive, the company introduced a new software design called 'Liquid Glass' and unveiled features like a 'Workout Buddy' to manage physical fitness. The focus was on making software more compatible with advanced computer chips and enhancing the user experience across Apple devices.

Apple's next operating system will be iOS 26, marking a shift in the naming convention. The company aims to position itself for future moves in AI and platform refinement rather than introducing disruptive innovations.

While Apple is playing catchup in AI compared to rivals like Google and Samsung, it also faces regulatory threats that could impact its revenue. The company has been embroiled in disputes over antitrust issues and trade challenges, particularly in the context of the US-China trade war.

Investors have been wary of Apple's performance, with its stock price declining by 20% this year. Despite the recent announcements, the company's shares closed down by more than 1% following the conference.