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I think Nintendo will do fine.

Holiday season + consumers being hungry for something new (industry is dying on old platforms) + strong lineup of software will guide Nintendo through.

It'd not like these are outrageous prices. $299.99 has been seen as the magic bullet price point people will accept for a new console for like the last 15 years. Wii U has that. It's what Playstation 2 launched at.

This is not another 3DS launch.

New Super Mario Bros. U + Nintendo Land >>>>>>>>>>>>>> Nintendogs + Pilotwings Resort + Steel Diver (lol)

BLOPS 2 + Zombi U + Rayman Legends + Tekken Tag 2 >>>>>>>>>>> SSFIV, Ridge Racer 3D, Dead Or Alive 3D.

Wii Tablet U + Nintendo TVii >>>>>> 3D screen gimmick.