Firstly I think people tend to forget how short a time the Wii U has been out. It's only been two months now since the sales fell off the edge and although that's an age in internet land that's not a long time in corporate world.
What I"m getting at is that Nintendo can't simply flip a switch and make everything better. Even if such a switch exists, plans need to be made and that takes time. Even if they are going to instigate something as 'simple' as a price cut that is more than simply calling Gamestop and Walmart and saying, "Hey guys, $250 starting tomorrow morning." They at the very least need to make plans how to placate the early adopters. With the 3DS that was with the ambassador program but seeing and the Virtual Console isn't up and running yet, they can't even do that.
Something as 'simple' as increasing advertising actually takes time and to be honest an advertising push in the last couple of months probably wouldn't have achieved much as there was nothing new to advertise since the system launch.
I don't doubt Nintendo is making plans to improve things and hopefully those plans will become clear in the lead up to and during E3. I think if the really want momentum to turn around the push is going to have to be multifaceted. A price cut perhaps, newly announced games, release dates for anticipated games, wider availability of services like Nintendo TV, a new pack or two and then a big advertising push to get them momentum going into the second half of the year, a relaunch of sorts, if you will.
If Nintendo fails to take at least some of these steps and E3 rolls around with only a whimper then, and only then, will I start to worry.
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