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Soundwave said:

I think Nintendo not dropping the Wii U price is another tell tale sign they've given up on the platform.

If they're serious about this being something they're going to back for another two years basically, they'd be trying a lot harder to increase the userbase in a meaningful manner.

Instead it seems they are content just selling the same low 3 mill/year Wii Us each year and aren't willing to cut the price because they would incur unnecessary losses. They don't believe in this platform at all.

They've given up on this system. If they were really behind it they would be aggressive in cutting the price like the 3DS or how Microsoft is fighting tooth and nail for the XBox One. Nintendo? Doesn't give two craps about the Wii U, they were willing to fight for the 3DS, but with Wii U once the casuals didn't show up, Nintendo knew they were fucked for the generation. 

They are just riding this thing out now, they know they're only going to sell a paltry 14-17 million and they've known this for a while, they're not willing to cut the price other than some "flash drops" for a couple of weeks over the holidays but that's it. They view it as a failed platform and are just hoping to recoup the maximum amount of money from the core Nintendo faithful willing to buy it. That's why it's stuck at $300. 

Not cutting the price just means they think it wouldn't increase hardware numbers enough to justify the cut. Wii U may or may not get replaced this year, but it's lack of a pricecut has nothing to do with "nintendo giving up on it".