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I would hope so, but there's no garuntness in this business. Every Nintendo fan would have said the GameCube would outsell the N64 because it fixed so many of the N64's mistakes ... this isn't how things always pan out. Presumably we are talking about the console NX here.

The audience that bought the Wii U may simply be all that's left of Nintendo's home console audience when you strip away the casuals that bought the Wii for Wii Sports/Fit like experiences and then got tired of them.

If that's the case, and the NX really doesn't have some new appealing hardware gimmick (which is always a gamble at best), then sure it's quite possible the NX can't really go much further than the Wii U.