The Wii U is done folks. It will never compete with the big boys. Nintendo is charging too much to rope in the casuals, and hasn't provided a system with specs close enough to its competition to justify cheap ports. Thus, it won't get any 3rd party support. It'll be lucky even to get kids games, this time around, because Mom & Pop won't buy a $300 console for Johnny and Rebecca -- they will buy a $200 360 instead, or a $250 PS3, if they don't live in the US.
It'll have the same fate as the Wii, only faster. Just as I stated, with regards to the Wii, all the way back in 2007-2008. I'm not saying Nintendo is hozed -- they still have the 3DS, but they are not going to pull some miracle off.
In a sense, rather than making the *cheapest* console of the gen, like they did with the Wii, they made the *most expensive* console of the previous gen, except they made it about 4-5 years too late... but that's not stopping them from overcharging people for it.