Apple CEO Tim Cook said Thursday that the ramp-up of iPhone 10 manufacturing is going well, but said he can't say when supply will match demand.

Why it matters: Cook's comments followed a strong earnings report and forecast of a record holiday quarter. The numbers, in particular, should go a long way to easing investor concerns and shares were up more than 3 percent in after-hours trading.

"The ramp for iPhone X is going well, especially considering iPhone X is the most advanced iPhone we've ever created and it has lots of new technologies in it," Cook said on a conference call with analysts, adding that supply is increasing week by week. "We're going to get as many of them as possible to customers as soon as possible. I can't predict at this point when that (supply/demand) balance will happen."

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Obama: The rest of us have to live with the consequences of what Trump's done

Photo: Joe Raedle/Getty Images

Campaigning for Joe Biden at a car rally in Miami on Saturday, Barack Obama railed against President Trump's response to the coronavirus pandemic, saying "the rest of us have to live with the consequences of what he's done."

Driving the news: With less than two weeks before the election, the Biden campaign is drawing on the former president's popularity with Democrats to drive turnout and motivate voters.

Murkowski says she'll vote to confirm Amy Coney Barrett to Supreme Court

Sen. Lisa Murkowski. Photo: Alex Edelman/AFP via Getty Images

Sen. Lisa Murkowski (R-Alaska) said Saturday that she'll vote to confirm Judge Amy Coney Barrett to the Supreme Court on Monday, despite her opposition to the process that's recently transpired.

The big picture: Murkowski's decision leaves Sen. Susan Collins (R-Maine) as the only Republican expected to vote against Barrett.