Wii U and XBOne have both had some initial issues.  Wii U launched great but quickly sales went in the pooper, and One has taken a significant back seat to PS4 since launch and is in danger of losing many 360 buyers to Playstation.  Here are some of the problems:

Wii U:

-Dropping third party support.

-Terrible sales rate.

-Delays of 1st party software.

-Unoriginal software.

-Overall software droughts.

-Lack of mainstream attention.

-Lack of interest in unique features (Gamepad, TV, etc)

-Some expected features missing (trophies, etc)

XBOne:

-High cost.

-A movement of COD mainstream players to PS4.

-Unwanted Kinnect.

-Unliked ant-piracy measures.

-No must-have software.

-Lesser versions of multiplatform games.

-Image of not being the "it" item for mainstream consumers in North America in comparisson to PS4.

-Declining marketshare vs. PS360 gen and inventory piling up on shelves.

Significant problems, for sure.  But as we saw with both XB360 and PS3 last gen, consumers have a short memory and a product can be turned around with swift action.  RROD, the $600 PS3... these things can be overcome.  An introduction of something fresh like Kinnect can even combat the advantages of a craze like the Wii, so all is not lost for these two factions.

However, action has to be taken... or does it?  Is it better to stay the course?  Through a year and a half, Nintendo has essentially gone with the status quo, releasing known franchises and implementing a minor price drop and sutble updates to the Wii U OS.  MS has gone into panic mode, dropping Kinnect, changing policies, securing 3rd party exclusives and dropping the base price.  Which course is better?  Is there other things they should be doing?  Things they shouldn't?  Will the strategies work to improve fortunes?

Neither are doing a very good job of righting their respective ships, but I think MS is doing a much less crappy job than Nintendo.

While MS has already fixed its steering wheel and put it to good use, on the SS Nintendo the Captain is still hiding it in his cabin.

The haul will show who sailed the right path.

The only correct answer is Microsoft ...

Iwata's response, "One game can change Wii U's fate..."

you for real? Nintendo has done prety much nothing.

Is this damage control ? 

I never imagined Nintendo will just sit and wait for the end of the world. I mean, even with the GC doing better they reacted faster and better (despite the lack of sales).

I was expecting them to be more aggressive but so far they have been disappointing. I hope the best for this E3.

im only going to say nintendo here because they been through this before and know how to steer into it and come out the other side. For the x1 the last consoles to get a price drop like this have been teh Sega Saturn(released in Nov price drop may) Sega Dreamcast(released in nov price drop in may) and the OG xbox & Gamecube (again released in nov price drop may) if yall remember MS answer to sales on the OG xbox being low, it was to drop the price 2 times then rush thier next system out the door. Sega's answer to the dreamcast was quit consoles, and Nintendo's was the Wii after 5 years of Gamecube.

Like Microsoft with the kinect, Nintendo could have opted to drop the gamepad in favour of packing the WII U pro controller to make the WII U cheaper. They had an entire year to capitalize on that decision ... Nintendo could have also being better prepared when they had the whole damn generation to learn how hard it was to make an expensive HD game. It's quite clear that Nintendo missed the entire note that games are supposed to sell the console instead of the hardware. 

The fact is Microsoft was more determined to compete against Sony as evidenced by their removal of kinect to get a more competitive price.