According to, Nintendo is going to be releasing a new console code-named NX. Also on their webpage, "Iwata said that the hardware project represents a `brand-new concept`, but didn't elaborate further. The announcement came moments after Nintendo revealed plans to bring its household games and IP to mobiles and smartphones." The NX is supposedly going to be a next-gen console, but not like X-Box One or PS4, rather next-gen for Nintendo. "Speaking at a press conference held on Tuesday, Iwata explained: "As proof that Nintendo maintains strong enthusiasm for the dedicated game system business, let me confirm that Nintendo is currently developing a dedicated game platform with a brand-new concept under the development codename 'NX'. It is too early to elaborate on the details of this project, but we hope to share more information with you next year."

It is not clear whether the new hardware represents new strides in the handheld or home console business.

However, the new platform appears to be developed in unison with a new membership (or perhaps subscription) service that will unite Nintendo's home consoles, its handhelds, as well as mobiles and PC.

Iwata clarified that this new membership service will "encompasses the existing Nintendo 3DS and Wii U systems, the new hardware system with a brand-new concept, NX, and smart devices and PCs."
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