OK, I guess.
In retrospect the Wii U could not possibly do well before the PS4/ XB1 come to market. The natural comparison is to look at the Wii U and compare it to the PS3/360 consoles. Compared to them it has no titles and is more expensive. Why buy?
That flips when competition comes to market. The PS4/ XB1 will look expensive and like they don't have a library by comparison.
In so many words, the only advantage Nintendo gained was a year to make first party software so their console has the bigger library when competition launches. Assuming nothing gets delayed or cancelled, they did that pretty well.