Is BlackBerry going to survive in mobile handset industry?

As you already know BlackBerry is going through a very bad phase of handset industry nowadays.  As a remedy to the situation, BlackBerry started using Android in their latest devices.  As per company officials this is their last attempt to revive the industry and if they are not able for a comeback there will be no other option but to close down the business.

According to latest reports, the company has already cut 200 jobs in its headquarters at Ontario and in Florida as a cost cutting measure. The company is confident of a good turn around this time. The layoffs will affect 75 manufacturing jobs in Sunrise, Florida.

What do you think of BlackBerry’s survival chances?