Jesus...I don't see why you're all complaining for a name. Get over it. Its the official name.
Besides, the name sounds like "ipod" and I think it will appeal to many people. Its a smart move by Nintendo. You can pronounce the name "why" so stop saying it'lle sound like pee. Personally, I found the name is strange at first but it's sunk in now. The logo is sleek aswell