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Blood_Tears said:
Didn't PS3 do close to this badly as well though? They had the price cut to $399.99 in October 07 and they were fine. Once the fall and holiday games drop coupled with a price cut I think Nintendo will be fine.
There going to need to advertise better this holiday though. With a possible PS3/360 price cut and next gen systems arriving, the ads are going to be heavy for this industry.

The PS3 has never shipped less than 700k in a quarter.  That was the equivalent quarter as well (Apr-Jun 2007).  That is also the only time it has been under one million in a quarter.  For the six month period Jan-Jun, the 2007 PS3 did 4.5x more than the Wii U has done in 2013.