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NJ5 said:

If he means an upgrade to the hardware to render games in HD, he could be right (though I still think it's quite unlikely).

If he means an entirely new console (which is what I believe he meant since the beginning), well...

EDIT - Yeah, he meant the latter:

http://www.escapistmagazine.com/news/view/92800-Wii-HD-Could-Crush-PS3-Comeback-Says-Pachter

 

I dk whats going to happen and i am genuinly surprised by Nintendo every year because of this.

 



“When we make some new announcement and if there is no positive initial reaction from the market, I try to think of it as a good sign because that can be interpreted as people reacting to something groundbreaking. ...if the employees were always minding themselves to do whatever the market is requiring at any moment, and if they were always focusing on something we can sell right now for the short term, it would be very limiting. We are trying to think outside the box.” - Satoru Iwata - This is why corporate multinationals will never truly understand, or risk doing, what Nintendo does.