A Fool Looks Back

This is the weekend that stateside BlackBerry (NASDAQ: BBRY  ) fans have been waiting for. The Z10, the first smartphone running the wireless pioneer's BlackBerry 10 mobile operating system,  became available domestically on Friday.

This will be an important weekend for BlackBerry as it tries to make up ground that it has lost to Android and iOS devices in recent years.

BlackBerry impressed the market with the new platform's nifty features, but a lack of developer support threatens to hold back the device's popularity among consumers. BlackBerry has a better shot at retaining corporate customers, and it was encouraging to hear BlackBerry announce that it had recently received its largest purchase order in its history for a million phones from a wireless partner.

Will the phones sell? It had better. If BlackBerry falls short, there won't be too many people holding out for BlackBerry 11.

Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.

  • Vringo (NASDAQ: VRNG  ) posted ho-hum financials on Thursday. Its net loss widened as it continues to litigate its way toward milking money out of its recently acquired patents. Vringo did strike a deal earlier in the week to partner with Virginia Tech Intellectual Properties to develop technology solutions.
  • Lazard Capital Markets is boosting its target price on Green Mountain Coffee Roasters (NASDAQ: GMCR  ) from $58 to $67. That's a caffeinated blast of freshly brewed bullishness for a stock that has already more than tripled since bottoming out last year.
  • Celsion (NASDAQ: CLSN  ) posted a widening quarterly deficit and updated investors on its ThermoDox candidate that's in different stages of clinical trials for the treatment of different types of cancer. Investors put up with chunky losses on biotechs if they feel that the lead candidates will pay off in time.

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On March 23, 2013, at 11:01 AM, TimKnows wrote:

    Wow, that was a dumb statement on BlackBerry, got anything worth reading?

  • Report this Comment On March 23, 2013, at 1:10 PM, Oril wrote:

    Using hype to launch another bear attack on Blackberry investors stop losses is not going to change the facts. Early reports starting yesterday morning and flooding the financial sites all day that blackberry is not well received because customers had not lined up all night and were not flocking to AT&T stores are just another pitiful example of how much the media has been influenced by corrupt American Wall Street hypesters like yourself.

    Whether Blackberry trades at 7 dollars or 70 dollars and whether or not working people who have real jobs (unlike you) line up on a Friday morning is not going to change the fact that Blackberry 10 has been well received around the world and is here to stay. So get your head out of your ass and go find a real job.

  • Report this Comment On March 24, 2013, at 9:59 PM, taishiba wrote:

    same for your reports here on VRNG. their financials are irrelevant for the recent quarter. ALL that matters short term is what judge rules on and when they will get paid OVER SEVEN HUNDRED MILLION $$$. More than double current value of market cap.

    Wake up.

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