Stories

Apple CEO: Manufacturing of iPhone X going well

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.