Nintendo Confirms New Console, Evidently Powered by AMD

[Frogger]

Hiku said:

Why? Repeating what I mentioned in another topic, Research & Development for the next console always seems to start right after a new console is released. Sony started working on PS3 right after PS2 launched, and on PS4 right after PS3 launched, according to Mark Cerny.

So Nintendo have likely been working on this since around the time Wii U launched, a.k.a. end of 2012.
Doesn't mean it's going to get released in 2016 though. To do that, they'd have to announce the release date some time in 2015. Which would just make things even worse for the Wii U.

Lmao, what? No they wouldn't. Microsoft didn't announce the XBO until a few months before it released. Nintendo could anounce new hardware at E3 2016, and have it out in time for the holidays. Plenty of time.