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Train wreck said:

As long as the Wii U remains under gamecube levels, it's dead and, while I'm not at the very least surprised, you left out some important details surrounding MK8 release.

If back in 2010 you were to say that the next iteration of Mario Kart would have be bundled from the get-go, include a free game and that there would be a worldwide, unofficial price cut after 5 days due to the game being massively overshipped, the internet would have came crashing down...and that is exactly what's going on.

The game in the past has shown it has appear, the game tends to sell to about 1/3 of console users, but it will do nothing to change the fortunes of the system that came out 18 months ago.

I think you will find the use of your word dead to be incompatible in this instance. i.e You may say the Sage Megadrive/Genesis is dead, the Wii is almost dead or the PS2 is dead and will see no more games or future life. If you disagree please see the definition of "Dead" below. Even financially, the definition is incorrect, as the system still makes money, just not enough to make a profit. To be dead of money means to not be financially productive. In this case, their is still financial production.

dead
ded/
adjective
adjective: dead
  1. 1.
    no longer alive.
    "a dead body"
    synonyms: passed on/away, expired, departed, gone, no more; More
    perished, fallen, slain, slaughtered, killed, murdered;
    informal(as) dead as a doornail, six feet under, pushing up daisies;
    formaldeceased;
    euphemisticwith God, asleep
    "my parents are dead"
    antonyms: alive, living
  2. 2.
    complete; absolute.
    "we sat in dead silence"
    synonyms: complete, absolute, total, utter, out-and-out, thorough, unmitigated More
    "dead silence"
    antonyms: partial
adverb
adverb: dead
  1. 1.
    absolutely; completely.
    "you're dead right"
    synonyms: completely, absolutely, totally, utterly, deadly, perfectly, entirely, quite, thoroughly; More
    definitely, certainly, positively, categorically, unquestionably, undoubtedly, surely;
    in every way, one hundred percent
    "he was dead serious"
noun
noun: dead; plural noun: deads
  1. 1.
    those who have died.