Will the next Nintendo handheld have a HD screen?

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Just for context, here is my phone. It is now a $100 phone (no contract.) 

http://www.phonearena.com/phones/Kyocera-Hydro-VIBE_id8641

It's screen is qHD (540*960.) Its diagonal is 4.5 inches. It's PPI is 245. Now look at its PPI rating. That is considered low pixel count for today's standards.