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Nintendo does new some fresh IPs, as any company does. But on the other side of that token, no new IP is going to magically sell by the millions nor help Wii U sell more all by itself. You need established, well known properties to accomplish that, hence Mario, DK, Zelda, Wii ____, etc.

And while I do think they will produce new IPs, both in-house and 2nd/3rd party (Miyamoto keeps mentioning working on something new), to be fair they have produced new IPs over the last few years, such as Rhythm Heaven, such as Xenoblade/X, such as Wonderful 101 which just came out, etc.