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For some perspective, because a lot of people seem to need it, here's NPD data from November and December 2006:

Wii sales

November: 476,000
December: 604,200
Total 2006: 1,080,200

PS2 sales

November: 664,000
December: 1,500,000
Total Nov/Dec 2006: 2,164,000

It's easy to forget that the previous gen is expected to sell far better than the current gen during a system's first holiday period. Even the juggernaut, the Wii, managed to only sell a little over 1 million units in the US in 2006. Now for comparison (using VGChartz numbers):

Wii U sales

November (to 1st of Dec): 552,583
December (to 29th of Dec): 533,975
Total 2012 (to 29th of Dec): 1,086,558

Note that NPD doesn't follow literal months, and it takes December to be longer than November, so the Nov/Dec split is likely to actually look remarkably similar to that of the Wii in 2006. Note that the primary purpose of this post is to note the PS2 numbers, by the way - people keep comparing Wii U sales with PS3/360 sales, but they ignore the fact that the exact same thing happened last gen, too, with the Wii.

Now, turning to Europe, let's look at how the system is performing (and yes, it's not doing *great*, I recognise that):

Xbox 360 sales

December 2005: 443,074

Wii sales

December 2006: 697,443

Wii U sales

December 2012 (to 29th of Dec): 469,064

In Europe, the Wii U isn't selling as well as the Wii did. But it's not dramatically worse, and the Wii U is still outselling the Xbox 360 during its launch. Comparisons with PS3 are more problematic, as it launched in March. To make the point, consider that it sold 622k in March, but then just 198k in April. How do we interpret this? Suffice it to say, PS3 had the strongest launch, but it isn't obvious how it really compares due to the very different launch timing (360, Wii, and Wii U all launched in December).

Japan is also worth a quick look...

Wii sales

December 2006: 958,199

Xbox 360 sales (for comic relief :P)

December 2005: 85,023

PS3 sales

November 2006: 165,996
December 2006: 306,609
Total 2006: 472,605

Wii U sales

December 2012 (to 30th of Dec): 644,474

The Wii U isn't performing as well as the Wii did in Japan, but it's easily outpacing PS3 and 360.

In short, if you consider the Wii U to be a flop, you'd pretty much have to call the PS3 and 360 major flops. This isn't speculation, it's actual facts based on numbers. And when you consider that the Wii broke all sorts of sales records at launch, you realise that the Wii U is probably selling better than most previous systems other than the Wii.