Analysts certainly wanted the Wii to fail. The industry as a whole I don't think cared much one way or the other. Certain studios wanted the Wii to fail I am certain, but that is just their style I guess. I am certain that there are a few studios that wanted any given console to fail.
The reason I think it is easy to say analysts wanted it to fail is because analysts probably like their job. When your job is to predict the future you like to have a very long and extensive established history to pull from. Industries normally evolve very slowly and the market changes at a stable and observable rate. The Wii represents a huge jump in (apparently) the right direction. This makes it a very hard to predict product. There is obviously consumer demand for it, but how high is the demand going to get and how long will it be there? The Wii is being made and sold at a record setting pace and is still experiencing waide spread shortages in major markets. That is unheard of for just about any product, let alone for a game console. This causes horrible inaccuracies in predictions because there is no real historical precedant to follow. That would cause me to worry about my future as an analyst if I were an analyst
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