The Wii U is wedged in between the PS3/360 and PS4/720 in terms of hardware and features, it is currently competing with the PS3 and 360 and will face two other competitors as well come the holidays.
The PS3 and 360 will also ensure that the PS4 and 720 won't sell a whole lot in their first 6-12 months either, genereation transitions are almost always like this.
This one is special since it ends with the market leader being at the very bottom and the 2nd and 3rd place consoles still having a fierce battle and doing very well for "losing" hardware, which means that the current gen will steal all the more attention and thunder from the 8th gen.
Now, if the OP's assumption was true (its not, not even remotely), why is the Wii U moving so slowly without any competition and what makes people think that more competition will somehow help it move more quickly?











