Deadline day signing DJ Campbell had Tangerine fans dancing on the terraces again when his injury time strike secured a 2-0 victory at St. James' Park.
The fairytale continues for Blackpool who have now accumulated seven points from their opening four Premier League fixtures, putting them in fourth position just one point behind Manchester United.
Newcastle blog: Holloway hands Toon reality check
Last season's corresponding fixture in the Championship saw Newcastle run out 4-1 winners, but goalkeeping heroics from Matt Gilks and clinical finishing helped the Tangerines to another three points.
Back in Tangerine, DJ Campbell was denied early on from Steve Harper, and had a goal disallowed for offside after 34 minutes.
In a first half of end to end football, the Magpies could have taken the lead when Wayne Routledge's cross was headed against Matt Gilks' post by Mike Williamson.
Just before the break, Blackpool were handed a golden opportunity to take the lead when Alan Smith brought down Luke Varney in the box.
Captain Charlie Adam stepped up to slot home the spot kick and send the traveling fans into raptures.
Blackpool led 1-0 at half time to the delight of the away supporters and coaching staff.
The Seasiders spent most of the second half on the back foot but remained resilient in defence and there was no beating Gilks in goal.
The Scottish international keeper saved one on ones from Andy Carroll and Joey Barton to keep the Tangerines in front.
The home side kept pressing and thought they had a late equaliser from Carroll after 88 minutes but once again Gilks denied the English man.
In stoppage time Adam broke from his own penalty box driving his team forward. The Scot picked out fans favourite Campbell on the right who put the result beyond doubt striking calmly into Harper's bottom right corner.
Once again the Tangerine fans were a credit to their club and celebrated their 2-0 victory in the correct fashion.
So the dream start continues for Ian Holloway and his team; who travel down to London at the weekend to face the champions Chelsea.
Whatever the outcome we can be sure that Ollie's team will go for it and the Tangerine army will be in full voice from the first to the last whistle.
Champions League your having a laugh!
FT: Newcastle United 0 - 2 Blackpool
Adam 45 (pen)
Newcastle United: Harper, Perch, Coloccini, Williamson, Jose Enrique, Routledge (81), Smith (62), Barton, Gutierrez (73), Nolan, Carroll. Subs: Krul, Campbell, Lovenkrands (62), Taylor, Ameobi (81), Arfa (73), Tiote.
Blackpool: Gilks, Keinan, Eardley, Evatt, Crainey, Adam, Grandin (85), Vaughan, Varney (84), Campbell, Ormerod (65). Subs: Halstead, Southern (84), Harewood (65), Euell, Phillips, Carney (85), Edwards.
Venue: St. James' Park
Referee: Lee Mason