Someone plz explain Nintendo Fusion? Sounds like failure.

[Soundwave]

It won't be a handheld + console in a single box.

It will be a portable platform that has Wii U-ish level graphics, that also has a seperate home console version that you can buy most likely.

That variant could (I'm speculating) have a slightly better chipset so that the games can run in 1080p, but it will be very cheap (sub-$200 IMO). 

The idea is combining Nintendo's games onto one platform allows for a much more steady flow of releases.

For example if you take Nintendo's release list last year it would be Pokemon X/Y, Mario 3D World, Pikmin 3, Luigi's Mansion 2, Animal Crossing, Wonderful 101, etc. A very consistent flow of games.

And for Nintendo it would also combine their userbase together so that all their games can enjoy access to the widest possible userbase ... not like today where Nintendo is going to sell roughly 95 million 3DS + Wii U, but the games like Bayonetta 2, Mario Kart 8, Pikmin 3 don't benefit from the overall Nintendo audience because they're stuck on the Wii U side and that's 20 million users at best.

Now imagine those same games could sell to 80 million households instead? Think iPhone-iPad ... most apps work on both devices, some iPad apps have better resolution because the iPad has a better resolution screen/better chipset (though very similar) but that's about it.