Apple Inc took a step closer to becoming a trillion dollar company after the tech giant reported a blowout third quarter on Thursday and shrugged off concerns related to the $999 iPhone X.

Its shares rose almost 4 percent in pre-market trading on Friday, on track to add nearly $30 billion to its market capitalization. The company is currently valued at $868 billion.

The Cupertino, California-based company also forecast a strong holiday quarter ahead, which will include the much-awaited iPhone X that started selling on Friday.