The PowerPC was a trap since the beginning by Bill Gates & Steve Jobs for killing the 68k evolution, killing Commodore & Atari, and for losing our time & energy on a dead-end...
Business is war... Be lucid, please...

I don't think the owners of Commodore went to bed broke and penniless. I think they got to a certain point where they didn't invest any more money into the business while they were taking home big money.
Ask yourself why there wasn't a Vic III chip? Ask yourself why there wasn't an 80 column Commodore 64. Ask yourself why there wasn't a 6502 computer with LCD screen. Ask yourself why Commodore had the money to make a SID chip but never go any further developing a more advanced sound chip.
Ask yourself why Apple could survive at charging three times as much as Commodore and survive and why Commodore just didn't raise prices to survive?
Why did Amiga have to have all of those advanced things to survive instead of being more Commodore 64ish? Having three coprocessors to design for takes longer than program and design for one.
I think if Commodore came out with a SID 2 chip, a Vic 3 chip, a basic Amiga without all of those co-processors, an LCD 6502 computer then there would have been a future but you have to re-invest in your company and not run it into the ground.
They were basically gouging their Amiga customers. They upgraded the computers from an Agnus chip to Fat Agnes, updated the operating system and charged more for all those updates and it alienated customers because it put customers on a faster pace to buy. Back then I bought an Amiga 500 and people told me it was a lot of money and I couldn't convince them to buy because of that. The upgrading and fast pace made people's computers incompatible with running the latest software. People bought an Amiga without a hard drive and couldn't do things without a hard drive. And upgrading the Amiga 500 to the capabilities of an Amiga 200 just cost more and it would have better if they just kept the Amiga 1000 case and keyboard. The rat race for more more more became too expensive for people and alienated their audience because then you have a smaller user base. Peripherals were cheaper for the IBM and Amiga users were being gouged so when there is a demand for high priced components, you are actually running a boat like Commodore and the USS Commodore became a cruise ship charging cruise ship prices instead of being a ferry. Lower prices = more customers which could equal more profits. When you raise prices, the supply and demand is affected and you sell less computers for less profits.
Think about this: You just bought an Amiga, it was an expense and six months later, Commodore upgrades it. You're catering to a select few and alienating everyone else.
So ask yourself: Did the owners take too much money out of the company?