BlackBerry's Horrible Day
BlackBerry's stock had its worst day in over a decade after disappointing first-quarter results. The Blackberry 10, which debuted in January, was not a huge hit among consumers. After shipping just 2.7-million new BlackBerry 10 devices in the quarter, few suspected that the company would hit rock bottom. Motley Fool analyst Eric Bleeker discusses Blackberry's loss, what went wrong with the Blackberry 10, and whether the stock is a value play or a value trap.
It's incredible to think just how much of our digital and technological lives are almost entirely shaped and molded by just a handful of companies. Find out "Who Will Win the War Between the 5 Biggest Tech Stocks?" in The Motley Fool's latest free report, which details the knock-down, drag-out battle being waged by the five kings of tech. Click here to keep reading.
The article BlackBerry's Horrible Day originally appeared on Fool.com.
Chris Hill has no position in any stocks mentioned. Eric Bleeker, CFA has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
