Maybe a good call, maybe not. Embarcadero or whatever spelling haha keeps Delphi alive for businesses with old and new code written. Community mostly forked into Free Pascal with lots of libraries, example code, and active compiler development. Component Pascal was a C++ competitor with many companies and people in Europe and Russia using it. Mainly thanks to Blackbox Component Builder which was a Component Pascal app and BSD'd.

So, it doesn't seem quite dead.