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It was very successfull in a lot of domain, but the horse power of the pc has killed it while the power of amiga was not growing so fast.... remember while Apple launched the powerpc line, and the wintel word was growing with all the 486DX2-66 stuff, the most powerfull amiga (in standard) was the amiga 4000 with only a 68030 (of course, the system was hyper reactive but for brut force it started to date a little)... If you add the fact that the commodore division litterraly burned money (remeber Irving Gould buying its own jet with the commodore money ?) or in order to compete with the CDI or with the 16 bits console of this days (genesis and snes) with the CD32........
In french, we'll say 'ils couraient trop de lievres à la fois' (they ran too many race in the same time)
But I'll never forget the first time I saw an amiga 1000 in action running Deluxe Paint and PerfectSound in the same time.... Deluxe paint was playing an animation while Perfectsoud was replaying perfectly a Prince's song (batman)
........
Ahhhhhhhhhhhhh........