Apple, Samsung to own 50% of smartphone market by 2013

Apple, Samsung to own 50% of smartphone market by 2013

Samsung and Apple are already doing a nice job controlling the smartphone market, but in the coming year, things will get even better for the companies, according to a new report.

Cannacord Genuity analyst Michael Walkley wrote in a note to investors today that he believes Apple's and Samsung's combined worldwide market share at the end of the second quarter was 48.1 percent. By the end of the year, that figure could hit 49.7 percent. And by the conclusion of 2013, their combined share could reach 52.3 percent.

Walkley believes that Samsung will take the more