Gonzalo Carrasco's  Instablog

Gonzalo Carrasco
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I have a BA in Economics and another in Political Science. I've been working for the past 3 years in the investment banking industry, where I've been involved in several IPO's. This experience has taught me where to look when assessing a company's potential in creating value. I recently passed... More
  • BlackBerry Z3 Shows Strong Sales In India 2 comments
    Jul 13, 2014 11:37 PM | about stocks: BBRY

    The business newspaper Economic Times India reports that the Z3 has almost sold out in the first two weeks since its launch.

    The newspaper cites some retailers that claim to have already sold about 75% of its Z3 stock.

    Strong sales in one of the most important smartphone markets in the world (India exhibited a 166% increase in smartphone sales growth in 4Q2013 and 104 million smartphone users) is great news for BlackBerry (NASDAQ:BBRY).

    If the Z3 can keep up with this momentum in other emerging markets, BlackBerry can begin to finally regain some market share away from Android devices.

    Given that most analysts expect BlackBerry's market share to practically drop to zero, even a small gain should provide a nice tailwind for the stock.

    Disclosure: The author has no positions in any stocks mentioned, but may initiate a long position in BBRY over the next 72 hours.

    Stocks: BBRY
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Comments (2)
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  • Thepianist
    , contributor
    Comments (225) | Send Message
    Cool Just what I had been curious about and wanting to hear.
    14 Jul 2014, 12:10 AM Reply Like
  • roseldlcruz
    , contributor
    Comments (115) | Send Message
    Z3 is now available in the Philippines and it is cheaper than I thought.
    24 Jul 2014, 11:41 AM Reply Like
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