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Think I've seen threads like these before....

Biggest reason is the failed attempt to get the vast majority of Wii owners (casuals) to buy their new system. Those didn't go on and bought a PS4 or X1, no they either stopped playing altogether because they became bored after the gen or switched to mobile or social games.
The WiiU userbase IS the core Nintendo userbase for the most part. Any future Nintendo console that doesn't try to acquire customers outside the usual gamer base will suffer the same as the WiiU. It's probably easier to get those former Wii users back than trying to directly compete with Microsoft and Sony over the existing console owners.