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We don't know enough as yet. It'll largely depend on whatever Wii____ title it launches with.

We know SSB won't make launch window which only leaves Pikmin 3 confirmed from Nintendo which is no system seller.

3rd party titles are almost all also available on existing HD systems as well, so they won't produce any console sells either.

Wii U will sell first week of course to dedicated Nintendo Fans and technophiles but it's beyond that market which is in question. Right now there is no compelling reason to own one (Vita is in a similar situation although Vita is a gorgeous piece of tech you want to justify, but can't - yet anyway).

Wii wasn't a massive seller because of Zelda:TP or Nintendo or motion controls in and of themselves, it sold because of how Wii Sports used motion controls to bring games back to the masses. Everyone from 4 to 94 'got it' - this was something they could play. It made us all want to play games in all new ways.

Currently Wii U has no such game and no such hook. Furthermore, considering how many people already have a touch screen device I'm clueless as to what game Nintendo could even make that could grab people's imagination like Wii Sports did (Or Wii Fit, Brain Age or Nintendogs) - that people are not already playing on Apple/Android devices to an extent already.

It's a system that, from what we know so far, is not innovative enough for the casual and not powerful enough for the core (who already own 1 or 2 HD systems of comparable power). As such, it's sales potential is limited. However, Nintendo if anyone, has the capability to surprise and innovate like few others. So we'll see what they show at E3 and then it may be a very different picture indeed.