BlackBerry was the king of smart phone just 5 years ago. However the industry innovation has taken
BlackBerry was the king of smart phone just 5 years ago. However, the industry innovation has taken a much quicker pace to evolve and BlackBerry suddenly finds itself at the brink of bankruptcy. The company lost a whopping $1 billion in the 4th quarter of 2013. Experts are debating BlackBerryâ€™s survivor ship.BlackBerry was said to have turned itself around in 2014 after a number of strategic adjustment by the new CEO.Please use the solvency ratios to analyze BlackBerryâ€™s financial well being combining with its competitiveness in the smart phone industry and draw your conclusion.BlackBerry used to be called Research-in-Motion and it recently changed its stock symbol from RIMM to BB in Canada and BBRY in the U.S. BlackBerry is a Canada-based company. Its fiscal year may be different from many U.S.-based companies. Use what the company provides to conduct your analysis.