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As far as the outside world knows, Blackberry has not gone bankrupt. They have, undoubtedly, fallen on tough financial times. They faced a big decision not too long ago: either sell the company and partner up or try to gain their fortunes back by releasing a new product they developed. They decided to try their luck on their own and released the Blackberry 10 series of phones. This did not do as much for them as they had hoped, however, though the phones actually did receive respectable reviews in some cases. Recently, they admitted they would have to seek out different options for their future, however, and they have subsequently announced they will begin examining options to partner up with another company. If they refused to do this they would likely become bankrupt sometime in the near future.

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