"Apple's already lost," he said. "Samsung has taken over the global market share in terms of smartphones and tablets, and Apple still has a marginal lead here in the U.S., but during the second quarter this year, Samsung will become the market leader here, as well."
On CNBC's "Fast Money," Bibb said that Samsung's new Galaxy S4 smartphone would be a driver of market share for the South Korean technology giant.
Meanwhile, he added, Apple was "months behind and probably won't launch their next iPhone until June or July."
(Read More: Why I Upgraded Apple Today: Analyst)
Bibb referred to comments made by Apple marketing executive Phil Schiller, who slammed Samsung a day before it unveiled the Galaxy S4.
"Android is often given a free replacement for a feature phone, and the experience isn't as good as an iPhone," Schiller told the Wall Street Journal.
Reuters also quoted Schiller panning Google's Android platform: "Over 50 percent are still on software that is two years old," he said.
Bibb said the comments didn't bode well for the iPhone maker.
"That's a sign of real weakness in the marketplace because Apple has never deigned to look down its nose at a competitor," he said.
Bibb also cited Apple's cannibalization of iPad sales by its own iPad Mini, and he praised Samsung's large-sized, phone-tablet hybrid Galaxy Note.
"There is no phone on the iPad Mini, and there is on the 'phablet' that Samsung markets," he said.
Bibb also said that he expected Apple CEO Tim Cook to announce a dividend increase soon.
"Apple has more cash on hand than the entire market value of Samsung, over $140 billion," he added. "And I'm almost positive that Tim Cook in the next quarter, when they come with their earnings report, they're going to have a plan to dividend out a lot of that cash.
"It makes me think that Apple is a stock to rent, not own. You want to move in and out, according to the rumors and the news that Apple puts out."
Trader disclosure: On March 14, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Stephanie Link is long AAPL; Stephanie Link is long GS; Stephanie Link is long CSCO; Stephanie Link is long SBUX; Stephanie Link is long GE; Jon Najarian is long JPM CALLS; Jon Najarian is long MGM CALLS; Jon Najarian is long FIG CALLS ; Jon Najarian is long KKR CALLS; Jon Najarian is long XLF CALLS; Jon Najarian is long STX CALLS; Jon Najarian is long WLL CALLS; Josh Brown is long AAPL; Josh Brown is long BAC; Josh Brown is long GDX; Josh Brown is long XLU; Josh Brown is long WMT; Josh Brown is long TGT; Josh Brown is long LULU; Mike Murphy is long BAC; Mike Murphy is long FB; Mike Murphy is long EBAY.