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of course it need.
but i think wii U cant compete with ps4, neither xone.
Wii U will be alone, all people that will buy 2 consoles, 1 of them will be wii U.
ps4 and Xone are very redundant, much more than ps3/x360: blu-ray, video streaming, similar power, memory, same arquiteture, camera for movments, standart control, etc...

Although a price cut for wii U would help.
At least a bundle combo.
300$ for basic with mario 3d world or mario kart.
350$ for deluxe with bayo2 or X with pro controler.