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Killiana1a said:

An announcement at 2011 E3 is not unthinkable. Nintendo could set a preliminary date for Q4 2012 and delay it for Q1 2013.

This will take the wind out of Sony's sails because the way Sony is talking, they are expecting and wanting this generation to last another 5 years so that they can continue to chip away at that $4 some billion debt they incurred for the PS3 from 2006-2009.

There is about zero chance of a Q1 launch, 2013 or otherwise. Unless manufacturing and OEM parts sourcing problems force a limited hardware launch, Nintendo's next console is guaranteed to be available for the holiday season of the year it debuts.