FIRST AIRED: November 3, 2017

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00:00:00
>>
APPLAUSE
>> Does Apple finally have its next big hit in the iPhone 10? The tech giant thinks so and it's forecasting strong revenue for the holiday season just as iPhone 10 hits the stores. Reuters reporter, Stephen Nellis.>> Apple tells me that the pre-orders for the iPhone 10 are off the charts.
00:00:19
The question is whether they'll be able to meet the demand for those pre-orders. The company gave guidance of 84 billion to 87 billion dollars in revenue, what could be what Tim Cook calls its best holiday quarter ever and a strong indication that they will be able to meet a pretty good chunk of that demand.
00:00:37
>> From Sydney, to Singapore, to New York, fans showed up in force on Friday. One Apple store in Sydney had 350 people lined up outside. The iPhone 8 and 8 Plus had dismal lines and still, Apple said that since it's launch they've become the bestselling iPhones. This is the first time Apple has three new phones in the market at the same time.
00:00:59
In China, Apple's most important growth market, the revenue slide was finally reversed in the September quarter with a 12% jump compared with the same period last year.>> Last but not least, really strong performance out of all of the other things that Apple sells, they sold more Macs than they ever have before.
00:01:17
The watch and the earphones that they sell of various types are becoming a huge business, let's not forget their also selling a lot of subscriptions for Apple Music. Which is a very good margin business for Apple.>> The strong earning and outlook helped boost shares on Friday to record highs, putting Apple closer to a trillion dollar mark capped future.