I'm confident that Nintendo will beat one of its rivals at least. And I'm sure it can beat its rivals in profit
I think with a well placed Nintendo direct and a fantastic E3. I can see Wii U's sales skyrocketing over the next 2 years before it needs some fresh fuel. It just needs a constant log of first party and third party exclusives announced in April and E3 to be released over this year and next. I can imagine sales reaching 7 - 8 million by Jan 1st 2014, especially with a couple of ones before summer to keep our appetite, and some great titles over the PS4 and 720 launch period (if it is indeed 2013) to battle the competition and some red hot titles coming out over the holiday season.
Of course Nintendo have to keep that feeling going over 2014 with a steady flow of gorgeous delights. I'm hoping retro's project(s) and Zelda U to at least be two or three of them.
I don`t think profits will be a problem. It wasn`t this past gen and it won`t be for this gen aswell. MS and Sony will most likely sell the consoles at loss for a couple of years or more, whilst Nintendo might just be making a profit on Wii U as it is making on 3DS.
The best strategy - and i bet Nintendo will deliver on this - is too keep a steady flux of games throughout this year and the next; secure the important 3rd party games and things might just turn around for Nintendo.
That`s why i think that WW HD, Mario Kart U and another surprise title for the end of this year is more than enough and Super Mario 3D for February 2014 will be a better choice to keep the momentum going.