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lilbroex said:

I'm pretty sure that is a Power5 processor in the 360. The Power6 wasnt finished until 2007.

The Wii U processor is confirmed to be 3 core and based on the Power7

To be specific, the Power5+.  I was thinking the Xenon was the basis for the Power6, but it does share almost the exact sames specs with the Power5+ processor.

I reread the OP but hadn't gone back to correct my error.  Based on the reports it would appear to be a tri-core, rather than the originally rumored quad-core, which is what I based my post on.