I won't be discontinued, but if sales are dissapointing this holiday and games like Mario 3D World are suffering because there is not enough of a userbase to give those games adequete sales, then something must be done and quickly.
I'd quickly transition the Wii U into "Wii 2" basically, remove the tablet pad as standard, but keep it around as an option. That should save you $60+ on manufacturing cost. Another few months and a $50 price reduction was likely going to happen anyway -- so voila, that should let you get to $199.99.
$199.99 US is the price where Nintendo can gain some traction IMO. Keep NSMBU bundled add in Wii Sports Club (tennis, bowling, golf, for free, other sports can be downloaded) also. Release this alongside Mario Kart 8.
Create a unified Nintendo Network ID for Wii U and 3DS. Unify Club Nintendo to this account too. For loyal Nintendo owners and people who buy third party games or tougher sell titles like Bayonetta 2 and Assassin's Creed IV -- reward these folkes with nice but cost effective bonuses. Start to build a community of "premium fans".
Buy out exclusives on indie games like That 90s Racer ... it's probably Nintendo's best bet for getting quick content.
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