An apparatus for manufacturing a cable bead, comprising: a reel revolving means disposed on one side and on the other side of an annular core for revolving a reel wound with a wire through the inside and the outside of the core by holding the reel alternately on one side and on the other side of the core, the reel revolving means including a first arm disposed on one side of the core to hold the reel on a side thereof opposite from the core and swing the reel to the other side of the core and a second arm disposed on the other side of the core to hold the reel on a side thereof opposite from the core and swing the reel to the one side of the core, each of the arms including a body, a first movable member rotatably connected to a body, a second movable member rotatably connected to the first movable member, and a holding member rotatably connected to the second movable member to hold the reel, the holding member provided with a switching means for holding and releasing the reel, the switching means comprising a holder including an attachment member, a holding bar, and a chuck, the holding bar being a cylindrical projection from the plate-like attachment member, having an insertion part for insertion into the interior of a shaft member projecting from a flange of the reel, the chuck is disposed coaxially with the holding bar, is for grasping the outer periphery of the shaft member with fingers and is rotatably attached to the attachment member, wherein the diameter of an insertion part of the holding bar is smaller than the inner diameter of the shaft member, whereby a reel grasped by the chuck can be held so as to be rotatable around the holding bar; and a core rotating means for rotating the core in a circumferential direction in association with the revolving motion of the reel, whereby the wire is wound helically around the core. a reel revolving means disposed on one side and on the other side of an annular core for revolving a reel wound with a wire through the inside and the outside of the core by holding the reel alternately on one side and on the other side of the core, the reel revolving means including a first arm disposed on one side of the core to hold the reel on a side thereof opposite from the core and swing the reel to the other side of the core and a second arm disposed on the other side of the core to hold the reel on a side thereof opposite from the core and swing the reel to the one side of the core, each of the arms including a body, a first movable member rotatably connected to a body, a second movable member rotatably connected to the first movable member, and a holding member rotatably connected to the second movable member to hold the reel, the holding member provided with a switching means for holding and releasing the reel, the switching means comprising a holder including an attachment member, a holding bar, and a chuck, the holding bar being a cylindrical projection from the plate-like attachment member, having an insertion part for insertion into the interior of a shaft member projecting from a flange of the reel, the chuck is disposed coaxially with the holding bar, is for grasping the outer periphery of the shaft member with fingers and is rotatably attached to the attachment member, wherein the diameter of an insertion part of the holding bar is smaller than the inner diameter of the shaft member, whereby a reel grasped by the chuck can be held so as to be rotatable around the holding bar; and a core rotating means for rotating the core in a circumferential direction in association with the revolving motion of the reel, whereby the wire is wound helically around the core.