A cable disk brake apparatus comprises a caliper housing structured to be attached to a bicycle, a first brake pad coupled to the caliper housing for movement between a release position and a braking position, and a second brake pad coupled to the caliper housing and arranged facing the first brake pad. A drive shaft is coupled to the caliper housing, wherein the drive shaft rotates around a drive shaft axis to move the first brake pad in an axial direction from the release position towards the braking position. An actuating member rotates to communicate rotational force to the drive shaft to cause the drive shaft to move the first brake pad from the release position towards the braking position, and a drive coupling member is coupled to the drive shaft to communicate rotational force from the actuating member to the drive shaft. An adjusting member adjusts a position of the drive coupling member relative to the actuating member.