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Soundwave said:

The 3DS would be selling 100+ million IMO if it wasn't for smart phones.

Smartphones are the issue. Not price.

For Wii U price is somewhat of an issue, but it shares the same problem as the GameCube ... it's a console being sold largely on Nintendo games without the benefit of a crazy fad controller/casual craze to go with it.

Hence it's market is limited to (well) hardcore Nintendo faithful and virtually no one else is interested.

So that's a demand issue. Not really a price issue. The Wii U is the cheapest of the new consoles but it is by far the worst selling of the three new consoles. 

 

Easy solution.... next nintendo handheld... is also a smart phone.... :) problem solved.