Pacther makes a valid point about the current market forces Nintendo is facing. Mobile phones and ultra books and tablets are eating up there market share, denying it and calling pacther a troll is silly, he's a paid analyst not a fan boy.
wat is this then? January 2011: "Pachter: 3DS will outsell PSP2" January 2011: "Analyst Michael Pachter: 3DS price too low" (!) July 2011: "Pachter reckons the Vita will thrash the 3DS" December 2011: "Pachter says Vita will outsell 3DS" December 2011: "Michael Pachter: PSVITA's 3 month sales will be ahead of the 3DS" July 2012: "Michael Pachter Doubts 3DS XL's Powers of Revival"
When Patcher talks people should take it with a grain of salt. When he talks MIcrosoft they sould listen a little better. It seems he has access to Microsoft and no one else so his views can be considered scewed to one side.
That being said yes Wii U is doing horribly right now and it should be viewed at what is to come for the other two. I seriously doubt this is because of Mobile phones etc since that is portable. The PC game market resurgance is what console have to contend with. But it is more of a symbiotic relationship then one where they are directly compeating. What is hurting the Wii U and what is going to hurt the two new consoles is the last gen of consoles. It's simple economic factors, and if NIntendo, Sony and Microsoft can weather the first year they sould recover.
If the rumors about Backwards Compaitiblity are to be believed NIntendo might make a recovery faster, since the new console benefits for the last gen right out of the box. Where as Microsoft may not have it at all and Sony as a service you may have to pay for.