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ATARI acquires INTELLIVISION brand
(atari.com)
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They're not even second place in that sentence.
The Atari 8-bit line did okay at best, in a very wide field. The ST was as doomed as all other 68K systems. The Falcon was a brilliant machine - specifically, it was a NeXTstation. Their portables had it going on, but that market was teensy and they weren't hot in it.
Admittedly their later computers did better than their later consoles, which, I mean, Christ. How do you release the 5200 without 2600 compatibility when the goddamn Colecovision has 2600 compatibility? Which snort proposed making the Lynx bigger?