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Sorry, but the Wii brand was not anywhere close to dead in 2012. The Wii sold 500,000 units on Black Friday in 2011, despite there being practically no games other than Zelda all year. And the Wii was outselling the Wii U during much of 2013 despite Nintendo trying to push the latter. Wii was still a hit with consumers in the 2010s. The Wii U's problems are not because of issues with the Wii brand. They are because the average consumer didn't know what it was and those that had heard of it were confused.

Would a Wii 2 have sold 100 million units like the Wii? Probably not. But it would have still sold well and the lack of the gamepad would have allowed Nintendo to make the system more powerful to begin with.