https://wccftech.com/apple-73-million-huawei-beat/ > Cupertino tech giant Apple Inc (NASDAQ:AAPL) reported strong results for its first quarter of the fiscal year 2020 earlier this week. The company beat analyst estimates by posting $91.8 billion in revenue and $22 billion in net income, as its decision to introduce a price cut on the iPhone lineup through the iPhone 11 paid off. Apple's iPhone revenues grew to $56 billion in its first fiscal quarter from $52 billion that the company posted in the year-ago quarter. Now, data from Counterpoint research provides more figures related to this growth and sheds light on the dynamics of the global smartphone market in 2019. > Before we get to the details, you need to keep in mind that what Counterpoint refers to as Q4 2019 equals Apple's first quarter of the fiscal year 2020. With that out of the way, data from the research organization shows that for the months starting in October 2019 and ending in December 2019, Apple led in global smartphone shipments by shipping 72.9 million iPhones. In comparison, Samsung Electronics shipped 70 million smartphones and China's beleaguered Huawei Technologies shipped 56 million mobile phone gadgets.