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Based on holiday sales alone, I wouldn't be surprised if the Wii U had sold (over) 25 Million units in North America, (over) 8 Million units in Japan, and (over) 15 Million units in Europe by the end of 2016; or (roughly) 12 million sales worldwide per year for each of the next 4 years. At this kind of a pace there really is no need to replace the system ...

Personally, I think that Nintendo could surpass that performance if they are agressive with game releases and price cuts over the life of the system.

Now, the people who seem to be very negative on the Wii U are making the same argument that was made against the Wii that turned out to be wrong. That the sales would bottom out as soon as people realized it wasn't a super high performance console, and this claim was made in 2006, 2007, 2008, 2009, and only (sort of) started to become true in 2010 and beyond when the XBox 360 was regularly selling for a lower price than the Wii and third party publishers stoped pretending to try.