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The iPhone XR was released in October for $749. Photo: Chesnot/Getty Images.

An Apple executive said Wednesday that Apple's mid-range iPhone XR has been outselling other models — including each of its two high-end siblings, the iPhone XS and XS Max — since the XR went on sale in October, CNET reports.

Why it matters: Per Axios' Ina Fried, some Apple watchers have expressed concerns about iPhone sales, in particular those of the XR. That said, Apple isn't saying how iPhone sales are doing overall, so it's tough to read too much into these comments.

The big picture: In its most recent earnings report, Apple said it didn't sell as many iPhones as analysts expected and is projected to have flat sales for the holiday season.

Separately, Apple said it has now donated more than $200 million to AIDS-related efforts through its (Product) Red partnership, including a Red version of the iPhone XR.

Go deeper: Apple to drop iPhone XR price in Japan amid weak sales

Go deeper

Kaine, Collins' censure resolution seeks to bar Trump from holding office again

Sen. Tim Kaine (center) and Sen. Susan Collins (right). Photo: Andrew Harnik/Pool via Getty Images

Sens. Tim Kaine (D-Va.) and Susan Collins (R-Maine) are forging ahead with a draft proposal to censure former President Trump, and are considering introducing the resolution on the Senate floor next week.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction, Axios Alayna Treene writes. "I think it’s important for the Senate's leadership to understand that there are alternatives," Kaine told CNN on Wednesday.

Stark reminder for America's corporate leaders

Rosalind "Roz" Brewer is about to become only the second Black woman to permanently lead a Fortune 500 company. She starts as Walgreens CEO on March 15.

Why it matters: It's a stark reminder of how far corporate America's top decision-makers have to go during an unprecedented push by politicians, employees and even a stock exchange to diversify their top ranks.

Ina Fried, author of Login
Updated 3 hours ago - Technology

Apple's quarterly sales top $100 billion for first time

Credit: Apple

Spurred by strong sales of the latest iPhones, Apple reported it took in a record $111 billion in revenue for the three months ended Dec. 31, as the company crushed expectations.

Why it matters: The move showed even a pandemic didn't dull demand for Apple's latest smartphones.